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Thoma Bravo completes take-private buyout of Anaplan for $10.4bn

Anaplan is a business planning software company.

  • According to terms of the deal, Anaplan stockholders will receive $63.75 per share in cash
  • Anaplan is no longer trading on the New York Stock Exchange
  • Frank Calderoni is stepping down from his role as chairman and CEO of Anaplan and Charles Goodman, an outside advisor to Anaplan, has been appointed chairman and interim CEO

Thoma Bravo has closed its take-private buyout of Anaplan for $10.4 billion.

According to terms of the deal, Anaplan stockholders will receive $63.75 per share in cash, As a result of the closing, Anaplan is no longer listed on the New York Stock Exchange.

Also, Anaplan Chairman and CEO Frank Calderoni is stepping down from his role. Charles Goodman, an outside advisor to Anaplan, has been appointed chairman and interim CEO. Goodman previously served as the CEO of Instructure, Imperva, Frontline Education, Powerplan, and P2 Energy Solutions.

Goldman Sachs and Qatalyst Partners acted as financial advisors to Anaplan while Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP and Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors. Kirkland and Ellis LLP and Cadwalader, Wickersham & Taft LLP provided legal advice Thoma Bravo.

Based in San Francisco, Anaplan has over 200 partners and more than 2,000 customers worldwide, according to the company.

As of March 31, 2022, Thoma Bravo has more than $114 billion in assets under management, according to the private equity firm.