Alludo buys Nitro for A$500M cash
In late 2022, Australian PDF software maker Nitro Software agreed to be acquired by Alludo, a Canadian holding company that owns Corel, Parallels, MindManager, and WinZip. The all-cash deal valued...
Private Equity
Moonpig CEO led IPO in 3 years; Thoma Bravo buys Bottomline; Francisco Partners buys Jama Software; K1 buys ELMO Software.
K1 buys ELMO Software for $319M
In October 2022, US private equity firm K1 Investment Management agreed to acquire ELMO Software, an Australian cloud HR, payroll, and rostering platform listed on the Australian Securities Exchange. The...
Francisco Partners buys Jama Software for $1.2B
Francisco Partners closed its acquisition of Jama Software, a provider of requirements-management and traceability tools, in a deal valued at $1.2 billion. The transaction, first announced as a definitive agreement,...
Thoma Bravo buys Bottomline for $2.6B
Thoma Bravo, a software-focused investment firm, closed its takeover of Bottomline Technologies on May 13, 2022. The all-cash deal valued the business-payments and financial-technology provider at roughly $2.6 billion. Bottomline...
Alphawave IP take-private at 76% below IPO
Alphawave IP, a Canadian semiconductor intellectual property licensing firm, completed its initial public offering on the London Stock Exchange in May 2021 at 410 pence per share. The stock price...
Moonpig CEO led IPO in 3 years
Jody Ford became chief executive of the Moonpig and Photobox Group in 2018. Over the next three years he steered the business through a split from Photobox and onto the...
Football club ownership shifts to state funds
For most of the 20th century, English football clubs belonged to local businessmen. Many were lifelong fans who treated the club as a community asset, not a financial instrument. That...
