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
    • Tech Services Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
    • Diversity, Equity & Inclusion
  • MSP 501
    • Back
    • MSP 501 Information Center
    • 2021 MSP 501 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
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2022 Editorial Calendar
  • Awards
    • Back
    • 2021 MSP 501
    • Circle of Excellence
    • DE&I 101
    • Top Gun 51
    • Channel Partners 101 (CP 101)
  • Events
    • Back
    • CP Conference & Expo
    • MSP Summit
    • 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
    • Tech Services Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
    • Diversity, Equity & Inclusion
  • MSP 501
    • Back
    • MSP 501 Information Center
    • 2021 MSP 501 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
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2022 Editorial Calendar
  • Awards
    • Back
    • 2021 MSP 501
    • Circle of Excellence
    • DE&I 101
    • Top Gun 51
    • Channel Partners 101 (CP 101)
  • Events
    • Back
    • CP Conference & Expo
    • MSP Summit
    • 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 Business Models Cloud Mergers and Acquisitions Strategy

Most Recent


  • New Solutions
    Google Cloud Security Summit: New Solutions for Zero Trust, Software Supply Chain, More
    The new solutions will help partners help their customers more quickly and easily adopt Google Cloud’s security capabilities.
  • Veeam CEO Anand Eswaran at VeeamON 2022
    Veeam's New CEO Wants 'Outsized' Data Protection Software Market Share
    Veeam CEO Anand Eswaran shares ambitious goal at VeeamON conference, where he also shared alarming ransomware trends.
  • Technology Market Opportunities Abound Amid Market Volatility
    There are new and increasing opportunities for those eager to embrace the future of technology.
  • marketplace
    AppDirect Adds Aryaka to AppSmart Marketplace in SD-WAN, SASE Milestone
    Aryaka simplified its technology portfolio and created offerings that can be purchased in a marketplace.

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 Partners Europe

June 14, 2022 - June 15, 2022

MSP Summit

September 13, 2022 - September 16, 2022

Galleries

View all

Google Cloud Security Summit: New Solutions for Zero Trust, Software Supply Chain, More

May 17, 2022

Unprecedented Times Impacting Cybersecurity Channel Partners

May 16, 2022

8 Channel People Making Waves This Week at Avant, Cisco, Databricks, More

May 13, 2022

Industry Perspectives

View all

A Sneak Peek at the 2022 BrightCloud Threat Report

May 17, 2022

Build Customers for Life with CX and Lifecycle Selling

May 16, 2022

Voice Analytics Are a Must-Have as Companies Evolve COVID-Rushed Tech

May 12, 2022

Webinars

View all

Simplifying SaaS Security for MSPs

April 27, 2022

How to Supercharge The Network to Support Your IT Superhero Moves

May 3, 2022

The 2022 MSP Challenge: Scale Service Delivery Despite the Talent Gap

April 21, 2022

White Papers

View all

The New Bottom Line: How MSPs Can Meet the Healthcare Crisis While Evolving Their Businesses

April 19, 2022

How to build a Security Operations Center (on a budget)

April 4, 2022

The AT&T Cybersecurity Incident Response Toolkit

April 4, 2022

Channel Futures TV

View all

AT&T, Microsoft, Cisco, ThreatLocker on Unlocking Partner Potential

Agents Share ‘Secrets,’ Industry Opportunity

May 11, 2022

Vonage Addresses Potential Partner Opportunity via Acquisition by Ericsson

May 5, 2022

Lumen Technologies ‘Built for Growth and Scale’

May 4, 2022

Twitter

ChannelFutures

Take a sneak peak at BrightCloud's 2022 Threat Report. #Channel Partners #CyberThreats @Webroot… twitter.com/i/web/status/1…

May 18, 2022
ChannelFutures

#GoogleCloudSummit unveils new solutions for #zerotrust, supply chain security. @googlecloud dlvr.it/SQZ2By https://t.co/37buEDQ030

May 18, 2022
ChannelFutures

.@Veeam CEO @anandeswaran is gunning for outsized share of data protection market at #veeamOn2022… twitter.com/i/web/status/1…

May 18, 2022
ChannelFutures

#ChannelEurope keynote with @contextworld addresses partners staying calm amid market volatility.… twitter.com/i/web/status/1…

May 17, 2022
ChannelFutures

Read about how the partnership between @AryakaNetworks and @AppSmartcom is a milestone for both companies.… twitter.com/i/web/status/1…

May 17, 2022
ChannelFutures

.@pathlock secures $200 million in new funding, announces M&A to increase capabilities. #appsecurity… twitter.com/i/web/status/1…

May 17, 2022
ChannelFutures

Mark your calendar for our upcoming #VirtualWorkshop! On May 26th at 2 p.m. EDT, this session will show you the pow… twitter.com/i/web/status/1…

May 17, 2022
ChannelFutures

Let's take a look at last year's incredible #DEI101 honorees > spr.ly/6015zEq67. The nomination form is open… twitter.com/i/web/status/1…

May 17, 2022

MSSP Insider

Business advice for MSSPs and news from the broader security channel.

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 © 2022 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