M&A Deal Summary |
|
|---|---|
| Date | 2022-05-25 |
| Target | Mercell |
| Sector | Internet Software and Services |
| Buyer(s) | Thoma Bravo |
| Deal Type | Going Private |
| Deal Value | 3.2B NOK |
| Advisor(s) | ABG Sundal Collier J.P. Morgan Securities (Financial) Thommessen (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 127.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thoma Bravo is a private equity firm that primarily invests in or acquires US-based middle-market businesses. While Thoma Bravo will consider a variety of transaction situations, including take-privates, buyouts, carve-outs, recapitalizations, and growth equity financings, the Firm has a special interest in tech consolidation opportunities. Target companies generally have a history of profitability with EBITDA of at least $20 million. The Firm's equity commitment size range is $100 to $750 million. Sectors of interest include enterprise and infrastructure software, education, distribution, financial services and consumer goods/services. The Firm will not invest in new inventions or technologies, developmental products or services, start-ups, biotech, motion pictures, distressed businesses, oil/gas, or real estate. Thoma Bravo was formerly known as Thoma Cressey Bravo and before that Golder Thoma & Co. The Firm was originally formed in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 125 of 151 |
| Sector: Internet Software and Services M&A | 22 of 28 |
| Type: Going Private M&A Deals | 30 of 43 |
| Country: Norway M&A | 1 of 1 |
| Year: 2022 M&A | 6 of 12 |
| Size (of disclosed) | 45 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-26 |
Tungsten Automation
Irvine, California, United States Tungsten Automation provides an intelligent automation software platform and solutions to enable organizations to digitally transform content-intensive workflows. The company supports customers in realizing faster time-to-value and increased competitiveness, growth, and profitability by combining Kofax’s cognitive capture, robotic process automation, process orchestration, analytics, and mobile capabilities while helping increase business resiliency and mitigating compliance risk. Tungsten Automation was formed in 1985 and is headquartered in Irvine, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-03 |
Ping Identity
Denver, Colorado, United States Ping Identity engages in Identity Defined Security for the borderless enterprise, allowing employees, customers, and partners access to the applications they need. Protecting over one billion identities worldwide, the company ensures the right people access the right things, securely and seamlessly. More than half of the Fortune 100, including Boeing, Cisco, Disney, GE, Kraft Foods, TIAA-CREF, and Walgreens, trust Ping Identity to solve modern enterprise security challenges created by their use of cloud, mobile, APIs, and IoT. Ping Identity was founded in 2016 and is based in Denver, Colorado. |
Buy | $2.8B |
