Enterprise planning software maker Anaplan is being acquired by the private equity firm Thoma Bravo for $10.7 billion. Founded in the UK and now based in San-Francisco, Anaplan offers cloud-based finance and planning software-as-a-service and counts almost 2,000 customers worldwide, including Coca-Cola, Shell, Thomas Cook and VMware. The company went public in 2018, two years after rival SaaS firm Workday considered an acquisition attempt. Under the terms of the deal, which was first reported by The Wall Street Journal, Anaplan shareholders will receive $66 a share in cash, while the company’s current chief executive Frank Calderoni will continue to lead the company. The deal represents the latest in a string of high-profile leveraged buyouts of software companies in the last 18 months. The software sector experienced rapid growth during the Covid-19 pandemic, attracting interest from private equity firms looking to capitalize on this growing trend. In November 2021, Advent International and Permira announced the $14 billion buyout of cybersecurity company McAfee, while Elliott Management and Vista Equity embarked on a $16.5 billion takeover of Citrix in January of this year. Thoma Bravo itself acquired cybersecurity firm Proofpoint for around $12 billion last year. “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,” said Holden Spaht, managing partner at Thoma Bravo said in a press release. “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.” Related content news AWS y SAP abren nuevas líneas de innovación a partir de la IA generativa El hub de IA generativa de SAP AI Core se integra con los modelos básicos de Amazon Bedrock para ofrecer nuevos conocimientos y agilizar los procesos manuales de los clientes empresariales. By Martin Bayer and Irene Iglesias Alvarez May 30, 2024 5 mins Amazon Web Services Generative AI SAP feature Los 10 puestos de TI más difíciles de cubrir y cómo abordarlos Ante la escasez de talento en IA, ciberseguridad y analítica de datos, los responsables de TI están mejorando haciendo 'upskilling', contratando desde dentro de la empresa, destacando la cultura y recurriendo a contratistas pa By Stephanie Overby May 30, 2024 13 mins Hiring Staff Management Careers news PwC integrates ChatGPT Enterprise into its practice, becomes a reseller But the advice you get will be vetted by a human expert, the company promises. By Lynn Greiner May 29, 2024 3 mins Generative AI PwC feature 10 progetti in cima ai pensieri dei leader IT di oggi Dall’adozione dell’intelligenza artificiale alla modernizzazione dell’infrastruttura, i leader IT si concentrano sempre di più sui principali fattori di differenziazione del business, sulla mitigazione dei rischi, sui problem By Mary Pratt May 29, 2024 12 mins Business IT Alignment Data and Information Security Artificial Intelligence PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe