Thoma Bravo to take software maker Anaplan private in a $9.65 billion deal

Software maker Anaplan Inc has agreed to be taken private by Thoma Bravo LP for $9.65 billion in cash.

The deal would give Anaplan investors $66 for each share held, a premium of more than 30% over the company’s last closing price on Friday.

Anaplan makes software that helps businesses model different forecasting outcomes and has more than 1,900 customers worldwide.

Anaplan’s revenue rose by about a third in the year to Jan. 31, while losses widened.

The highly leveraged buyout is the latest in the software sector, whose rapid growth during the COVID-19 pandemic has attracted interest from private equity players.


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