Deal Details

Sciforma Is Acquired by Planview

Technology & Services

Sciforma, a portfolio company of STG, sale to Planview, a portfolio company of TA and TPG

Summary

Sciforma Corporation ("Sciforma” or the "Company”), a portfolio company of Symphony Technology Group ("STG"), has been acquired by Planview, a portfolio company of TA Associates ("TA”) and TPG Capital ("TPG"). Terms of the transaction were not disclosed.

Baird served as co-financial advisor to Sciforma on this transaction.

About

Sciforma is a leading SaaS provider of advanced project management solutions. Sciforma offers flexible and easy-to-use products for Advanced Project Portfolio Management ("PPM”), Strategic Portfolio Management ("SPM”) and Collaborative Work Management ("CWM”) through a seamless UX / UI. Sciforma’s platform is purpose-built for the CXO suite, PMOs and functional work teams, addressing mission-critical use cases and providing enterprise-wide benefits with demonstrable ROI. Founded in 1982, The Company has a global customer base and operates across four global offices in France , Germany, India and the U.S. Sciforma is headquartered in Neuilly-sur-Seine, France.

STG is a private equity partner to market leading companies in data, software and analytics. The firm brings experience, flexibility and resources to build strategic value and unlock the potential of innovative companies. Partnering with a goal to build customer-centric, market winning portfolio companies, STG seeks to create sustainable foundations for growth that bring value to existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world class management teams. STG’s expansive portfolio has consisted of more than 50 global companies. STG is headquartered in in Menlo Park, California.

Planview is a leading end-to-end platform for Strategic Portfolio Management ("SPM") and Digital Product Development ("DPD"), giving its customers the strategic foresight to prioritize investments and initiatives, make those plans real within constraints and pivot with certainty when things change. Planview’s connected platform of solutions underpins the business and digital transformations of more than 2.7 million users globally, including 45 of the Fortune 100. Planview has over 1,300 employees worldwide. Planview is headquartered in Austin, Texas.

TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. TA is headquartered in Boston, Massachusetts.

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $246 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate and market solutions, and their unique strategy is driven by collaboration, innovation and inclusion. TPG teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for their fund investors, portfolio companies, management teams and communities. TPG is headquartered in San Francisco, California.

Technology & Services

Sciforma, a portfolio company of STG, sale to Planview, a portfolio company of TA and TPG