Thoma Bravo to Acquire Anaplan for USD 10.7 Billion

Mar 21, 2022 By MarketDepth

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Anaplan, Inc. (NYSE: PLAN) has reported entry into a definitive agreement to be acquired by Thoma Bravo for USD 66 per share in an all cash transaction valued at USD 10.7 Billion.  This offer displays a 46% premium of the volume weighted average price of Anaplan stock for the five days ending March 18th, 2022.  At completion of the transaction, Anaplan will become a privately held company.  “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,” said Frank Calderoni, Chairman & Chief Executive Officer. “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.”

“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. 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.”

Holden Spaht, a Managing Partner at Thoma Bravo

“Anaplan has built a tremendously successful business through product innovation and a rigorous approach to delivering value for their customers and partner ecosystem,” said Tara Gadgil, a Partner at Thoma Bravo. “We look forward to working closely with Anaplan’s talented and experienced team to continue delivering cloud-native SaaS solutions at scale.”

Approved by Board

The transaction has been unanimously approved by the Anaplan Board of Directors and is expected to close within the first half of 2022, subject to customary closing conditions and approval by Anaplan stockholders.