Cadwalader Advises Thoma Bravo on $10.4 Billion Acquisition of Anaplan

June 22, 2022

Thoma Bravo has announced the completion of its acquisition of Anaplan, Inc. in an all-cash transaction valued at approximately $10.4 billion. Cadwalader advised Thoma Bravo on the transaction, including with respect to Thoma Bravo’s recent $2.25 per share reduction of the purchase price. Thoma Bravo is a leading private equity firm with more than $114 billion in assets under management. Anaplan is a cloud-native enterprise software-as-a-service (SaaS) company.

Thoma Bravo is one of the U.S.'s leading private equity firms, having acquired or invested in more than 380 companies to date. The firm focuses on the growth-oriented, innovative companies operating in the software and technology sectors. This transaction further strengthens Cadwalader’s relationship with Thoma Bravo, which has included several significant, multi-billion dollar corporate and litigation matters in the past year.

The Cadwalader team was led by Corporate partners Stephen Fraidin and Greg Patti and included Corporate associate Cheyenne Karp, as well as Litigation partner Jonathan Watkins, special counsel Matthew Karlan and associate Victor Celis.