Vista Equity Partners, an American private equity firm founded in 2000 that specializes in investments in software, data, and technology-enabled businesses along with Blackstone has announced plans to acquire Smartsheet, a collaboration software maker for $8.4 billion USD. According to reports, this all-cash transaction values Smartsheet at $56.50 per share and will accelerate the vision…
Playtika: $700 Million SuperPlay Acquisition Deal
Playtika Holding Corp. is an Israeli digital entertainment company founded in 2010 and headquartered in Herzliya, Israel. It specializes in the development and publication of mobile games. As of 2021, the company had over 35 million monthly active users. According to reports, Playtika has announced plans to acquire SuperPlay for $700 million USD upfront. This…
Flutter: $2.6 Billion Snaitech Acquisition Deal
Flutter Entertainment plc is an international sports betting and gambling company founded in 2016 and headquartered in Dublin, Ireland. It owns brands such as Betfair, Sky Betting & Gaming, Sportsbet etc. According to reports, Flutter Entertainment has announced plans to acquire Snaitech for $2.6 billion USD including debt from gambling technology group Playtech to expand…
DSV: $15.85 Billion Schenker Acquisition Deal
DSV A/S is a Danish transport and logistics company founded in 1976 and headquartered in Hedehusene, Denmark. It offers global transport services by road, air, sea, and train, with international presence through a series of strategic competitor acquisitions. According to reports, DSV has announced plans to acquire Schenker, the logistics arm of Deutsche Bahn, for…
Mastercard: $2.65 Billion Recorded Future Acquisition
Mastercard Inc., the payment facilitating company, has announced plans to acquire Recorded Future, a global threat intelligence company, for $2.65 billion USD to boost its cybersecurity capabilities. According to reports, this acquisition will expand Mastercard’s threat intelligence capabilities and provide its customers with added security against cyber threats. Recorded Future Inc. is a privately held…
Progress Software: $875 Million ShareFile Deal
Progress Software Corporation is an American public company founded in 1981 and headquartered in Burlington, Massachusetts. It produces software for creating and deploying business applications. According to reports, Progress Software has announced plans to acquire ShareFile for $875 million USD to boost its enterprise product portfolio. The deal is expected to close in November 2024….
Salesforce: $1.9 Billion Own Company Acquisition
Salesforce, Inc. is an American cloud-based software company founded in 1999 and headquartered in San Francisco, California. It provides customer relationship management (CRM) software and application solutions to businesses. According to reports, Salesforce has announced plans to acquire Own Company, a leading provider of data protection and management solutions for $1.9 billion USD in cash…
Verizon: $20 Billion Frontier Communications Acquisition
Verizon Communications Inc. is an American telecommunications company founded in 1983 as Bell Atlantic and headquartered in New York City. It is the world’s second-largest telecommunications company by revenue and the largest wireless carrier in the United States. According to reports, Verizon has announced plans to acquire Frontier Communications in an all-cash deal valued at…
Paylocity: $325 Million Airbase Acquisition Deal
Paylocity Holding Corporation is a cloud-based human capital management (HCM) software company founded in 1997 and headquartered in Schaumburg, Illinois. It provides payroll, benefits, talent management, and time and labor tracking solutions to businesses. According to reports, Paylocity has announced plans to acquire Airbase, a corporate spend startup, for $325 million USD to enhance its…
Mars: $36 Billion Kellanova Acquisition Deal
Mars Inc. is an American manufacturer of confectionery, food, and pet care products. It was founded in 1911 and is headquartered in McLean, Virginia. According to reports, Mars has announced plans to acquire Kellanova for approximately $36 billion USD. Mars will pay $83.50 per share in an all-cash deal for Kellanova. The report further mentions…