Anaplan $10.7B Acquisition by Thoma Bravo

March 20, 2022Client News

Gunderson Dettmer and Skadden are advising Anaplan, Inc. ("Anaplan"), provider of a leading cloud-native platform for orchestrating business performance, which yesterday announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, for $66.00 per share in an all-cash transaction valued at approximately $10.7 billion. Upon completion of the transaction, Anaplan will become a privately held company. For more information, please see the companies’ press release here.

The Gunderson Dettmer team is led by Silicon Valley Corporate/M&A partners Brooks Stough and Andrew Luh and included partners Alexa Belonick (San Francisco); Jay S. DelMonico (Boston); Mark M. Foster (San Francisco); Lily H. Kim (Silicon Valley); Gina M. Marek (Silicon Valley); Michael N. Richman (Silicon Valley); Jeffrey R. Vetter (Silicon Valley and New York); and associates Jesse D. Birbach (Silicon Valley); Joy G. Kim (Silicon Valley); Sunny Y. Kim (Los Angeles); Alice Fu-Yi Lu (Silicon Valley); Margaret Lynch (Silicon Valley); David S. Moore (Los Angeles); Shagun S. Parekh (Silicon Valley); Mike Peragine (New York); Anthony J. Ramirez (Los Angeles); Sofia B. Rattes (Silicon Valley); Daniel Reichert (Silicon Valley); Jacqueline Rosen (Los Angeles); Jeff I. Salomon (New York); Frank N. Strumolo (New York) and Bettina A. Tiangco (San Diego).

The Skadden team is led by Corporate/M&A partners Amr Razzak (Palo Alto) and Richard J. Grossman (New York) and associates Yingchuan (Grace) Mo (Palo Alto); Anya Richter Hodes (New York); and Alexander J. Vargas (Chicago).