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New Deal


Announced

Completed

Atlassian completed the acquisition of Loom for $975m.

Financials

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Transaction Value£767m
Consideration TypeCash, Ordinary Shares
Capital Owned100%
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Majority

Private

Friendly

Single Bidder

digital communications

United States

video platform

Software

Completed

Synopsis

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Atlassian, a provider of team collaboration and productivity software, completed the acquisition of Loom, a video messaging platform, for $975m. “Async video is the next evolution of team collaboration, and teaming up with Loom helps distributed teams communicate in deeply human ways,” Mike Cannon-Brookes, Atlassian Co-Founder and Co-CEO.

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