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Announced

Completed

Symphony Technology Group-led consortium completed the acquisition of Momentive for $1.5bn.

Financials

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Transaction Value£1,246m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium46%
One Off Charge-

Tags

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Majority

Acquisition

Single Bidder

Privatisation

Public

Software

software company

United States

Private Equity

Friendly

Domestic

Completed

Synopsis

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Symphony Technology Group-led consortium, completed the acquisition of Momentive, an experience management company that offers cloud-based software in brand insights, for $1.5bn. "This new chapter will enable Momentive to advance our long-term strategy and mission. STG’s 20 years of investment experience in software, analytics, and data companies will provide us with invaluable expertise as we scale our customer base and product suite. Today’s volatile business climate necessitates that organizations consistently collect feedback from their stakeholders. That’s where we shine,” Zander Lurie, Momentive CEO.

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