Windsor Drake
Transaction · B2B SaaS · 2022

Thoma Bravo / Anaplan 2022

Thoma Bravo acquired Anaplan for $11B on March 20, 2022.

Target
Anaplan
Acquirer
Thoma Bravo
Deal value
$11B
Announced
March 20, 2022
Sub-sector
B2B SaaS

Transaction overview

  • Thoma Bravo announced the acquisition of Anaplan on March 20, 2022 for $11B.

Strategic rationale

Thoma Bravo takes connected-planning software company Anaplan private to expand its enterprise SaaS portfolio.

Deal terms & multiples

Deal value
$11B
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
March 20, 2022
Acquirer
Thoma Bravo (PE)
Sub-sector
B2B SaaS

Sources

  • thomabravo.com /press-releases/anaplan-to-be-acquired-by-thoma-bravo-for-10-7-billion

Comparable transactions in B2B SaaS

Primary Event type Counterparty Value Sub-sector Date
Coupa Software Transaction Thoma Bravo $8.0B B2B SaaS December 12, 2022

Other deals by Thoma Bravo

Primary Event type Counterparty Value Sub-sector Date
Coupa Software Transaction Thoma Bravo $8.0B B2B SaaS December 12, 2022
ForgeRock Transaction Thoma Bravo $2.3B Cybersecurity October 11, 2022
SailPoint Transaction Thoma Bravo $6.9B Cybersecurity April 11, 2022
Bottomline Technologies Transaction Thoma Bravo $2.6B B2B Payments December 17, 2021