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Announced

Completed

Micro Focus sold its SUSE business to EQT Partners for $2.5bn.

Financials

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Transaction Value£1,935m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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application delivery solutions

IT Services: Other

Germany

Private

Mbo

Friendly

Single Bidder

Private Equity

Completed

Majority

Synopsis

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Micro Focus, the global infrastructure software business, sold its SUSE business, a leading global provider of open source infrastructure software for large enterprises, to EQT Partners for $2.5bn. “We are excited to partner with SUSE’s management in this attractive growth investment opportunity. We were impressed by the business’ strong performance over the last years as well as by its strong culture and heritage as a pioneer in the open source space. These characteristics correspond well to EQT’s DNA of supporting and building strong and resilient companies, and driving growth. We look forward to entering the next period of growth and innovation together with SUSE.” Johannes Reichel, Partner at EQT Partners and Investment Advisor to EQT VIII.

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