M&A Deal Summary |
|
|---|---|
| Date | 2018-06-11 |
| Target | Adaptive Insights |
| Sector | Internet Software and Services |
| Buyer(s) | Workday |
| Sellers(s) | JMI Equity |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.6B USD |
| Advisor(s) | Morgan Stanley (Financial) Cooley (Legal) |
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| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Internet Software and Services |
| Employees | 19,415 |
| Revenue | 7.3B USD (2024) |
Workday is a provider of enterprise cloud applications for finance and human resources. Workday delivers financial management, human capital management and analytics applications designed for companies, educational institutions, and government agencies. Workday's software delivers embedded analytics that capture the content and context of everyday business events, facilitating fast and informed decision-making from wherever users are working. Workday was established in 2005 and is based in Pleasanton, California.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 17 |
| Sector (Internet Software and Services) | 7 of 9 |
| Type (Add-on Acquisition) | 11 of 17 |
| State (California) | 8 of 9 |
| Country (United States) | 10 of 14 |
| Year (2018) | 3 of 4 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-08 |
Rallyteam
San Francisco, California, United States Rallyteam, Inc. is an internal mobility platform that enables companies to better understand and utilize their most valuable assets their people. Rallyteam helps organizations develop, engage, and retain top talent by offering unlimited growth and experiential learning opportunities, fostering collaboration and continuous feedback, and rewarding top performers with new opportunities and recognition. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-17 |
Stories s.r.o.
Prague, Czech Republic Stories s.r.o. is a provider of augmented analytics, a powerful approach that leverages machine learning and artificial intelligence technologies to automate analysis and deliver insights into what’s happening in a business. Stories s.r.o. was founded in 2015 and is based in Prague, Czech Republic. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 7.5B USD |
| Size | Mega |
| Type | Sector Focused |
JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.
| DEAL STATS | # |
|---|---|
| Overall | 85 of 106 |
| Sector (Internet Software and Services) | 14 of 22 |
| Type (Add-on Acquisition) | 54 of 67 |
| State (California) | 14 of 18 |
| Country (United States) | 78 of 94 |
| Year (2018) | 4 of 6 |
| Size (of disclosed) | 4 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-14 |
CipherHealth
New York, New York, United States CipherHealth is a patient communication, engagement and care coordination software company provides across the care continuum to improve patient communication and care coordination with the latest technologies. With each technology, the company delivers highly configurable and easy-to-use solutions that provide a tailored experience for both staff members and patients. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-10 |
Avecto
Cheadle, United Kingdom Avecto Ltd. is a provider of windows privilege management solutions. It help organizations to deploy secure and compliant desktops and servers. Avecto was founded in 2008 and is based in Cheadle, United Kingdom. |
Sell | - |
