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New Deal

New Deal

Announced

MENDIX INC / SIEMENS AG / Acquisition / Private / £553m

Financials

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Transaction Value£553m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Mendix

target

Mendix

Siemens

bidder

Siemens

Sources

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Tags

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apps development

Software

Private

Acquisition

Friendly

Single Bidder

United States

Synopsis

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Acquisition by Siemens of Mendix, a developer of low-code software platforms.

Service Providers (1)

Dealmakers

Latham & Watkins

legal advisors

Latham & Watkins

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