M&A · Tech · Services-Prepackaged Software
Salesforce, Inc. to acquire Informatica Inc.
Announced May 27, 2025 · Closed Nov 18, 2025
Deal value$8.00BEV $8.85B
Premium—To unaffected price
EV / Adj. EBITDA16.7x5.3x EV / Revenue
ConsiderationAll cash$25.00 per share
Transaction
- Acquirer
- Salesforce, Inc. (CRM)
- Target
- Informatica Inc. (INFA)
- Buyer type
- Strategic
- Offer price per share
- $25.00
- Enterprise value
- $8.85B
- Status
- Closed Nov 18, 2025
Deal protections
- Break fee (target pays)
- $253M · 3.2%
- Reverse fee (buyer pays)
- $363M · 4.5%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- JPMorgan
- To the target
- Goldman Sachs
Sector context · Tech
- Comparable deals
- 59 in the prior 24 months
- Premium
- Sector median 37.0%
- EV / Adj. EBITDA
- 16.7x vs. 16.7x sector median
- Break fee
- 3.2% vs. 3.0% sector median
Timeline
- AnnouncedMay 27, 2025
- Proxy filedJul 3, 2025
- Definitive proxyJul 14, 2025
- Shareholder vote—
- ClosedNov 18, 2025
Valuation · fairness opinions
Discounted cash flow$18.00$29.00
Future share price$19.00$26.00
Precedent transactions$17.00$28.00
Premiums paid$23.00$29.00
Offer $25.00
Implied value per Informatica Inc. share by analysis, from Goldman Sachs · DCF discount rate 10.25%–12.25%.