.
MergerLinks Header Logo

New Deal


Announced

Completed

Adobe completed the acquisition of Workfront for $1.5bn.

Financials

Edit Data
Transaction Value£1,200m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Domestic

Single Bidder

work management application

Management Consulting

United States

Acquisition

Friendly

Majority

Completed

Private Equity

Synopsis

Edit

Adobe, a digital services provider, completed the acquisition of Workfront, a work management platform for marketers, for $1.5bn. “Together, Adobe and Workfront will give leading brands access to a single system to support planning, collaboration and governance, to unlock organizational productivity. Adobe is leading the charge in digital transformation, and with Workfront, we’re further accelerating this vision,” Anil Chakravarthy, Adobe Digital Experience Business and Worldwide Field Operations Executive Vice President and General Manager.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US