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Permira Completes Acquisition Of Mimecast

May 19, 2022over 3 years ago

Acquiring Company

Permira Advisers

Acquired Company

Mimecast

LondonLondonVenture CapitalSecurity

Description

Mimecast Limited (“Mimecast”) today announced the completion of its acquisition by funds advised by Permira for approximately $5.8 billion or $80.00 per share in cash.

Company Information

Company

Permira Advisers

Location

London, England, United Kingdom

About

Permira Advisers LLP is a global investment firm focused on private equity. They specialize in buyouts and growth capital investments across various sectors. The firm aims to partner with management teams and help them grow companies to their full potential.

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Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed