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New Deal


Announced

Completed

Francisco Partners completed the acquisition of Litmos from SAP.

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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Acquisition

Software

United States

Education Services

Friendly

learning platform

Single Bidder

Domestic

Private

Majority

Private Equity

educational software

Completed

Synopsis

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Francisco Partners, a private equity firm, completed the acquisition of Litmos, a developer of saas-based learning management platform from SAP, a firm that develops, markets and sells enterprise application software products for corporations, government agencies and educational institutions. Financial terms were not disclosed. “We are delighted to partner with Litmos and support its re-emergence as an independent company. We are investing in Litmos to accelerate growth by investing in and expanding the Litmos team, advancing product development and marketing, and expanding customer success.” Jason Brein and Christine Wang, Francisco Partners.

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