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IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services

TechCrunch: M&A

Today, IBM made a big acquisition doubling down on the hybrid concept: it will pay $4.6 billion to take it private back in 2018. IBM said in its announcement that the acquisition is expected to close in the second half of 2023, pending regulatory and other approvals. The purchase makes a lot of sense for IBM.

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Will There Be an IPO for a Specialty Consulting Company in 2024?

Focus Investment Banking

In that environment, very few firms sought IPOs, and there was a major slowdown in overall exits, whether private or public. And will that mean that some of the privately held management consulting firms or other professional services companies will choose an IPO this year? But those companies have been public for more than 20 years.

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Highlights from Cooley’s M&A Dealmakers Roundtable: SPACs!

Cooley M&A

is the increased frequency at which SPAC IPOs are occurring. As reflected in Chart 1 , 102 SPAC IPOs have been announced this year as of September 18, 2020—almost double the number of SPAC IPOs in all of last year (and more than double the number of SPAC IPOs in 2018). SPAC vs. IPO. Fewer Redemptions.

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Top 10 Cross-Border M&A Trends across the Pond

Cooley M&A

government shutdown disrupting the market for IPOs, Brexit uncertainty, natural disasters and various other crises, cross-border M&A activity momentum continues. In July 2018, the U.K. Politicization of antitrust and merger review largely in check. Technological superiority is now commonly equated with national security.

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Transfer Traps: Considerations for Dual-Class Companies Contemplating M&A Transactions

Cooley M&A

There are compelling rationales for adopting a dual-class structure, but even proponents of the structure generally acknowledge that these benefits are significantly mitigated once the dual-class shares are out of the hands of the founders and/or pre-IPO stockholders. Potential carve outs for M&A voting agreements.

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Cooley’s 2023 Tech M&A Year in Review: An AI-Generated Glass Half Full

Cooley M&A

2023’s much-discussed downturn in mergers & acquisitions – with global M&A volume and value down 6% and 17%, respectively, from 2022 – was largely driven by the slowdown in the tech sector, with global tech M&A volumes down 51% year over year, while other sectors saw marked increases. [1] billion leading the pack.

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Cooley’s 2024 Tech M&A Year in Review:We’re So Back (It’s So Over)

Cooley M&A

Over the course of the year, many of the headwinds that have slowed tech M&A activity since 2022 began to abate as interest rates moderated, the acquisition financing market returned and equity markets reached new highs. billion acquisition of Altair, IBMs pending $6.4 billion take-private acquisition of Squarespace.

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