Thoma Bravo Agrees to Acquire Anaplan in $10.7 Billion Deal (1)

Thoma Bravo agreed to acquire U.S. enterprise software company Anaplan Inc. in a deal valued at $10.7 billion, adding to a string of deals this year by cash-rich private equity firms.

The firm will pay $66 a share in cash, according to a statement Sunday. The valuation is based on 161.5 million fully diluted Anaplan shares.

The acquisition, which has been approved by Anaplan’s board, is expected to close in the first half of 2022 and the company will be delisted from the New York Stock Exchange following its completion.

The whipsawing of technology stocks over the past few months ...