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New Deal


Announced

Completed

Salesforce completed $1.4bn acquisition of ClickSoftware from Francisco Partners.

Financials

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Transaction Value£1,139m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Majority

Acquisition

Friendly

software development

Private Equity

Software

Israel

Private

Single Bidder

Disposal

Cross Border

Synopsis

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Salesforce, a cloud-based service provider, completed $1.4bn acquisition of ClickSoftware, an Israeli software developer, from Francisco Partners. “Francisco Partners provided valuable strategic support, capital, and resources that allowed us to execute on a strong strategic vision. They were an exceptional partner for us and worked closely with our team to help improve many aspects of our business and accelerate growth,” Mark Cattini, ClickSoftware CEO.

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