M&A Deal Summary |
|
|---|---|
| Date | 2017-01-19 |
| Target | Planview |
| Sector | Software |
| Buyer(s) | Thoma Bravo |
| Sellers(s) | Apax |
| Deal Type | Secondary Buyout |
| Advisor(s) | William Blair (Financial) |
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 | 57 of 151 |
| Sector: Software M&A | 23 of 69 |
| Type: Secondary Buyout M&A Deals | 13 of 36 |
| State: Texas M&A | 8 of 19 |
| Country: United States M&A | 55 of 132 |
| Year: 2017 M&A | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
LANDesk Software
South Jordan, Utah, United States LANDesk Software, Inc. is a provider of desktop and security management software solutions. LANDesk software solutions maximize user productivity while reducing the associated IT complexities, risks, and costs to the business. Its products focus on systems management, security management, and asset lifecycle management for IT devices, servers, and networks. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-03 |
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. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1981 |
| PE ASSETS | 77.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 120 of 174 |
| Sector: Software M&A | 10 of 16 |
| Type: Secondary Buyout M&A Deals | 38 of 61 |
| State: Texas M&A | 6 of 9 |
| Country: United States M&A | 45 of 66 |
| Year: 2017 M&A | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-11 |
GlobalLogic
McLean, Virginia, United States GlobalLogic is a full-lifecycle product development services leader that combines chip-to-cloud software engineering expertise and vertical industry experience to help our customers design, build, and deliver their next generation products and digital experiences. We expertly integrate design, complex engineering, and agile delivery capabilities to deliver superior business outcomes for global brands. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in telecom, automotive, healthcare, technology, media and entertainment, manufacturing, and semiconductor industries. GlobalLogic was founded in 2000 and is based in McLean, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-01 |
GAN Integrity
New York, New York, United States GAN Integrity provides cloud-based compliance management software focused on anti-corruption. The platform manages policies, training, third-party due diligence, communications, and investigations for employees and suppliers. GAN Integrity was founded in 2004 and is based in New York, New York. |
Buy | - |
