Berkery Noyes Advises BE Press, a Leading Service Provider Used by Academic Institutions to Showcase Their Research, in its Acquisition by Elsevier
Berkery Noyes Advises Verisys’ Shareholders on the Company’s Growth Investment from Spectrum Equity and Cressey & Company
Career Step Acquires Panacea Healthcare Solution’s Revenue Capture and Coding and Documentation Divisions
PowerSchool Acquires Chalkable to Bring Positive Behavior Intervention and Classroom Culture into K-12’s Most Comprehensive Unified Classroom Solution
Solidifi Acquires Southwest Financial Services Ltd., One Of The Largest Independent Providers Of Outsourced Services To Home Equity Lenders
SunGard Acquires PredictiveMetrics to Broaden the AvantGard Suite and Expand into Trade Credit Liquidity
Berkery Noyes Represents Dydacomp In Its Sale to Dydacomp Holdings Corporation and Milestone Partners
Berkery, Noyes & Co. represents Elsevier, Inc. in its divestiture of Endeavor Information Systems, Inc.
Berkery, Noyes & Co. advises ClearStory Systems on its divestiture of Document Solutions Business to Datawatch Corporation
1st Half 2019 Software Industry Trends
The largest deal in 1st Half 2019 was Salesforce’s announced acquisition of Tableau Software, a data visualization and analysis platform, for $15.7 billion in an all-stock transaction. This was the highest value acquisition ever completed by Salesforce.
Q1 2019 Software Industry Trends
Software transaction volume saw a two percent uptick over the past three months, from 588 to 599. After rising 56 percent in Q4 2018, aggregate value fell 48 percent, from $88 billion to $45.5 billion. Deal activity improved 18 percent and value gained 33 percent when examined on a year-over-year basis.
Full Year 2018 Software Industry Trends
The industry’s largest transaction in 2018 was IBM’s announced acquisition of Red Hat, which provides open-source software products to the enterprise community, for $32.95 billion.
Q3 2018 Software Industry Trends
The industry’s largest transaction in Q3 2018 and year-to-date was Broadcom’s announced acquisition of CA Technologies, a provider of information technology (IT) management software and solutions, for $18.4 billion.
1st Half 2018 Software Industry Trends
The largest deal in 1st Half 2018 was private equity firm KKR’s announced acquisition of BMC Software, which offers cloud and IT management solutions to enterprises, for $8.5 billion. Of note, BMC was acquired in 2013 by a private investor group led by Bain Capital and Golden Gate Capital for $6.69 billion.
Q1 2018 Software Industry Trends
Software transaction volume declined eight percent over the past three months, from 539 to 498. Deal value gained 15 percent, from $31.7 billion to $36.6 billion. This was the industry's third consecutive quarterly increase in value.
Full Year 2017 Software Industry Trends
The Infrastructure segment's largest transaction in 2017 was Thales SA's announced merger with Gemalto, a digital security company that offers mobile connectivity, payment technology, and data protection solutions, for $6.51 billion.
Q3 2017 Software Industry Trends
The largest cybersecurity related transaction in Q3 2017 was DigiCert's announced acquisition of Symantec's website security and related public key infrastructure (PKI) solutions for $950 million. DigiCert offers identity and encryption for web servers and Internet of Things devices.
1st Half 2017 Software Industry Trends
The Niche segment, which is targeted to specific vertical markets, and the Infrastructure segment combined were responsible for eight of the industry's top ten highest value deals in 1st Half 2017.
Q1 2017 Software Industry Trends
Software transaction volume increased 16 percent over the past three months, from 456 to 528. Deal value gained 75 percent, from $29.4 billion to $51.4 billion. Volume throughout the past five quarters reached its peak in Q2 2016, whereas value reached its zenith in Q3 2016.
Full Year 2016 Software Industry Trends
The industry's largest transaction in 2016 was Hewlett Packard Enterprise's (HPE) announced spinoff of its software business and the merger of those assets with Micro Focus International for $8.73 billion.
Q3 2016 Software Industry Trends
The largest transaction in Q3 2016 and year-to-date was Oracle Corporation's announced acquisition of NetSuite in the enterprise resource planning (ERP) sector for $9.3 billion. NetSuite's cloud-based platform provides an integrated solution for ERP, CRM, and e-commerce.