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New Deal


Announced

Completed

Resurgens Technology Partners-backed Wellspring Worldwide completed the acquisition of Sopheon for £115m.

Financials

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Transaction Value£115m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium104%
One Off Charge-

Tags

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Acquisition

Majority

Friendly

Single Bidder

United States

software

Software

Domestic

Public

Completed

Private Equity

Synopsis

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Resurgens Technology Partners-backed Wellspring Worldwide, a software products provider, completed the acquisition of Sopheon, an enterprise software and services company, for £115m ($140m). “We are thrilled to welcome the Sopheon team as our new colleagues. Our complementary product and service offerings, end markets, and geographic footprints present exciting opportunities to unlock new growth,” Sean Downs, Wellspring Worldwide CEO.

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