Anaplan to be Acquired by Thoma Bravo for $10.7 Billion

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Thoma Bravo to Take Anaplan (PLAN) Private in a $10.7 Billion Deal, Valuation Seen as 'Highly Opportunistic and Advantageous'

March 21, 2022 6:09 AM EDT

A private equity and growth capital firm Thoma Bravo is acquiring Anaplan (NYSE: PLAN) for $10.7 billion, two companies said.

Shareholders of Anaplan are expected to receive $66 a share in cash, representing a 30.5% premium compared to Fridays closing price.

Founded in 2006, Anaplan develops business planning software that allows companies to integrate and analyze data within a single platform, enabling clients to make data-driven decisions.

Today, Anaplan has over 1,900 customers around the globe, including numerous big names such as Coca-Cola, Shell, Adobe, Vodafone, and... More