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New Deal


Announced

Completed

Vista Equity Partners and Evergreen Coast Capital completed the acquisition of Citrix Systems for $16.5bn.

Financials

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Transaction Value£12,386m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales5.2x
EV/EBITDA23.84x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

IT Services: Other

technology solutions

United States

Majority

Single Bidder

Public

Domestic

Friendly

Private Equity

Completed

Synopsis

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Vista Equity Partners and Evergreen Coast Capital, two investment firms, completed the acquisition of Citrix Systems, a cloud computing company, for $16.5bn. “The combined company is well positioned for long-term success, leveraging the individual strengths of both Citrix and TIBCO, each established industry leaders. We are pleased to partner with all our valued employees and partners to realize the immense potential of the combined company going forward,” David Kerko, Elliott Head of North American Private Equity and Isaac Kim, Evergreen Senior Managing Director.

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