Announced
Completed
Financials
Sources
Tags
United States
Management Consulting
Minority
work management application
Completed
Acquisition
Single Bidder
Friendly
Private
Private Equity
Synopsis
W Capital Partners, Susquehanna Growth Equity, and AB Private Credit Investors completed the acquisition of Workfront, a leading enterprise work management application platform company for $280m. “Workfront is ideally positioned as the world’s largest companies move quickly to support knowledge work with the same kind of purpose-built, enterprise application platform they already have in place for critical functions like human resources, sales, and support. We are pleased to partner with W Capital, Susquehanna, and AB Private Credit to support the next phase in our growth and innovation mission, helping people around the world get their best work done,” Alex Shootman, Workfront chief executive officer.
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