https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • Complete 2023 MSP 501 Rankings
    • 2023 MSP 501 50-1
    • 2023 MSP 501 100-51
    • 2023 MSP 501 150-101
    • 2023 MSP 501 200-151
    • 2023 MSP 501 250-201
    • 2023 MSP 501 300-251
    • 2023 MSP 501 350-301
    • 2023 MSP 501 400-351
    • 2023 MSP 501 450-401
    • 2023 MSP 501 501-451
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2023 MSP 501
    • 2023 NextGen 101
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2024 CP Expo Call for Speakers
    • Channel Futures Leadership Summit
    • MSP Summit
    • CP Conference & Expo
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Mergers and Acquisitions


shutterstock

handshake

Thoma Bravo Shells Out $10.7 Billion for Anaplan, Far Above Market Value

  • Written by Edward Gately
  • March 21, 2022
After closing, Anaplan will become a privately held company.

Thoma Bravo is acquiring Anaplan, the business planning software company, worth about $10.7 billion. And speculation has started that Everbridge could be the next acquisition target.

Thoma Bravo’s offer represents a 45% premium over Anaplan’s value on March 18. When complete, Anaplan will become a privately held company.

Anaplan’s board of directors unanimously approved the acquisition. The deal should close in the first half of 2022 subject to customary closing conditions. Those include approval by Anaplan stockholders and regulatory approval.

Upon completion, Anaplan’s common stock will no longer be listed on the New York Stock Exchange.

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

Frank Calderoni is Anaplan‘s chairman and CEO.

Anaplan's Frank Calderoni

Anaplan’s Frank Calderoni

“We are thrilled to partner with Thoma Bravo to build on the strength of our innovative platform and capitalize on the massive opportunity and incredible demand we are seeing,” he said “This is a clear validation of our team’s outstanding work and the start of an exciting new chapter for Anaplan, our customers and our partner ecosystem. We are confident that Thoma Bravo’s resources and insights will help us accelerate and scale our growth strategy.”

Activist Investor Wants Everbridge to Find a Buyer

Activist investors have taken stakes in both Anaplan and Everbridge. According to CNBC, activist investor Ancora Holdings sent a letter to Everybridge’s board urging the company to find a buyer rather than trying to hire a new CEO. In December, former Everbridge CEO David Meredith resigned, leaving interim co-CEOs at the helm.

Everbridge said it maintains regular and open communication with its investors, and “we value all input that advances our shared goal of enhancing shareholder value.”

“As a matter of practice, we do not comment on engagements with individual investors, but we will review Ancora’s perspectives as we do with those of all shareholders,” it said.

Given the recent change in leadership and developments in its business, Everbridge‘s board and management team undertook a comprehensive review of its strategy and operations to ensure the company is best positioned for the future.

“Going forward, we are taking action to improve on our strategic direction, go-to-market execution and efficiency,” the company said.

Everbridge is:

  • Pausing material new M&A and focusing on accelerating integration across its existing assets for greater competitive differentiation, product simplification and lower cost.
  • Simplifying product offerings to focus on its four strategic critical event management (CEM) solutions and drive higher productivity over time.
  • Leveraging win rates to drive land-and-expand opportunities in the public warning market.
  • Conducting a search for a permanent CEO, considering both internal and external candidates.

Thoma Bravo to Support Anaplan’s Future Growth

Thoma Bravo last year acquired Proofpoint. It also acquired Sophos in 2020.

Holden Spaht is a managing partner at Thoma Bravo.

“Anaplan is a clear leader in connected planning, solving critical business priorities for the world’s largest enterprises as they implement strategic and complex digital transformations,” he said. “We have followed Anaplan for years and have seen the incredible value they bring customers through their best-in-class planning platform. We look forward to leveraging Thoma Bravo’s extensive operational and investment expertise in enterprise software to support Anaplan in its future growth.”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.
Tags: VARs/SIs Strategy Business Models Cloud Mergers and Acquisitions

Most Recent


  • Cisco acquisition of Splunk gets partner reaction
    Partners Hope Splunk Keeps 'Pace of Innovation' in Cisco Acquisition
    All will be well if Cisco integrates Splunk the way it integrated Meraki, a partner told Channel Futures.
  • Broadcom-VMware and China
    Broadcom-VMware Hits Snag in China as IT Incurs Too-High Cloud Costs
    Our latest cloud news roundup features an acquisition update, looks at research you need to know, and more.
  • cloud marketplaces
    Haven’t Drunk the Cloud Marketplaces Kool-Aid? It’s About Time You Did
    The Ultimate Partner's Vince Menzione explains why channel partners (small ones, too) need to get on board.
  • Watching reality TV
    The Channel on Reality TV: Tech Advisor Shares Experience on Startup Show
    Going on a show for entrepreneurs showed how the technology advisor channel is one of the business world's "biggest secrets."

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Payout
    Dupree, Meridian Network Services Agree to Upstack Acquisition
  • IntelliSite, Broad Sky Networks Merging Solutions Post-$30 Million Investment
  • New Business
    STG Launches Skyhigh Security, Final Piece of McAfee Enterprise Split
  • Advantage
    Park Place Technologies: Partners Will Benefit from Reliant Technology Acquisition

Upcoming Events

View all

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Channel Partners Conference & Expo

March 11, 2024 - March 14, 2024

Channel Futures Leadership Summit 2024

September 17, 2024 - September 19, 2024

Galleries

View all

Broadcom-VMware Hits Snag in China as IT Incurs Too-High Cloud Costs

September 22, 2023

Cisco’s Splunk Acquisition ‘True Bombshell Move,’ Will Have Massive Impact on Cybersecurity

September 21, 2023

Cisco SMB Business Gets Updated Sales Coverage Model, New Investments

September 21, 2023

Industry Perspectives

View all

Why Conversational AI Matters for Your Customers and How It Can Boost Your Revenue

September 15, 2023

The 5 Ds that Lead to Unplanned Business Sales

September 13, 2023

Hot Generative AI Market Must ‘Cool Down’

August 28, 2023

Webinars

View all

MSP 501: Leadership in Cybersecurity

October 19, 2023

DE&I: Find the Balance that Works for You

September 7, 2023

Above and Beyond with the NextGen 101ers

August 30, 2023

White Papers

View all

6 UCaaS Reseller Challenges and How Real World Businesses Solved Them

February 1, 2023

Frost Radar: North American UCaaS Market, 2022

February 1, 2023

The Complete Guide to White-Label UCaaS for Reseller Success

February 1, 2023

Channel Futures TV

View all

Coffee with Craig and James Episode 129: ZLH Enterprises

Coffee with Craig and James Episode 128: Channel Partner Strategies Intelligence Service

August 25, 2023

Coffee with Craig and James Episode 127: Expereo, Movie Night Returns

August 18, 2023

Coffee with Craig and James Episode 126: ARG

July 28, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X