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New Deal


Announced

Completed

EnterpriseDB completed the acquisition of 2ndQuadrant.

Financials

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

Tags

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databases

United Kingdom

IT Services: Other

Single Bidder

Acquisition

Majority

Friendly

Cross Border

PostgreSQL solutions

Private

Completed

Synopsis

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EnterpriseDB, a provider of software and services based on the open-source database PostgreSQL, completed the acquisition of 2ndQuadrant, a provider of solutions for mission-critical PostgreSQL databases. Financial terms were not disclosed. “Postgres is experiencing unprecedented growth and so is EDB. The 2ndQuadrant team, led by their CEO, Simon Riggs, has built an incredibly talented team of PostgreSQL specialists who, like us, are obsessed with serving customers. Together, we’re perfectly positioned to deliver even greater value to the market. Customers have access to the deepest bench of Postgres experts in the world, with faster outcomes and better solutions,” Ed Boyajian, EDB CEO.

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