The Weekly Bloom, Deal Edition

Breaking down the top deals from H1 📈📈

Hey founders & friends….. happy Friday!

Let’s jump in.

Top SaaS PE Deals From H1 💸 

In this week’s newsletter, we are highlighting some of the top SaaS PE deals that happened in H1 (January - June) 👇 👇

April 2021; Thoma Bravo's $12.3 billion purchase of Proofpoint

  • In late April Thoma Bravo announced that it was acquiring security software vendor, Proofpoint. Prior to the Proofpoint acquisition, the largest software acquisition by a private equity firm was the $11 billion purchase of Ultimate Software in 2019.

June 2021; KKR and Clayton Dubilier & Rice's $5.3 billion purchase of enterprise data provider Cloudera

  • In early June, KKR and CD&R agreed to buy Cloudera, an enterprise data cloud company. Cloudera, which was founded in 2008 by a group of Google by a group of Facebook and Yahoo engineers, was an early player in open source computing.

July 2021; Thoma Bravo $6.4 billion purchase of customer survey software provider Medallia

  • Late last week it was announced that Thoma Bravo would take the customer survey software provider, Medallia, private in an all-cash deal valued at $6.4 billion. The Medallia deal, which is expected to close Q4, is the latest in a string of software acquisitions for Thoma Bravo in 2021.

Favorites from the Ecosystem




What We’re Reading and Listening To…

📚 Deal Of The Century: How Michael Dell Turned His Declining PC Business Into A $40 Billion Windfall

📚 The Asymmetric Risk/ Return Threshold & It's Impact on Distressed Investing

News from the Industry: deals, deals, and more deals 💰

Thoma Bravo to take software firm Medallia private for $6.4 bln

Apax to combine three social impact software companies in deal valued at $2B

Vista Equity Partners Acquires Power Factors

KKR Crushes Fundraising Record With a $59B Quarter

End Note 🔚

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