M&A · Tech · Buyer's industry: Services-Prepackaged Software
Progress Software Corp to acquire ShareFile
Announced Sep 9, 2024 · Closed Oct 31, 2024 · Private target
Deal value$875M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Progress Software Corp (PRGS)
- Target
- ShareFile
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Oct 31, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Citigroup
- To the target
- Not disclosed
Classification
- Sector
- Tech
- Buyer's industry
- Services-Prepackaged Software