Christopher Condon’s Post

Exciting news in the tech world! Francisco Partners and Clearlake Capital Group have united to acquire Synopsys' Software Integrity Group, valued at $1.1 billion! 🌟 Stay updated on the latest tech acquisitions with the NextRound.ai blog post! 📰 #TechAcquisition #BusinessGrowth #Collaboration This significant transaction signifies a step towards enhancing the growth and success of the Software Integrity Group. Synopsys, a leading electronic design automation software provider, continues its focus on delivering innovative solutions in the tech realm. 🔬 The merger emphasizes the ever-growing importance of collaboration and strategic moves in the business landscape. 📈 With a spotlight on innovation and technology, Synopsys solidifies its commitment to cutting-edge solutions and adaptability to customers' changing needs. The support from Francisco Partners and Clearlake Capital Group will further boost the Software Integrity Group's advancements, ensuring its continued competitiveness in the market. 👩🏽💻 #InnovationDrive #TechSolutions #CompetitiveEdge For founders seeking to raise capital, NextRound.ai proves to be a vital resource. From streamlining the fundraising process to connecting with potential investors, NextRound.ai equips founders with the necessary tools and insights to secure the funding essential for their growth and success. Don't miss out on the opportunity to empower your journey with NextRound.ai. 🔍💰 #EmpoweringFounders #FundraisingSupport #NextRoundSuccess Visit the

Now that you know what BC Accelerate is and where it's heading, let's zero in on the core products it's impacting! For the next 1.5 hours, our incredible product managers will provide in-depth overviews of BLUEcloud Circulation, Cataloging, Acquisitions, Mobile2, and Discovery. Expect detailed explanations of new and forthcoming product capabilities as well as key roadmap updates. Peruse the full session lineup at https://lnkd.in/gQ8WGW67 — and remember, if you haven't yet registered for #sdconnections2024, you can still do so at any time: https://lnkd.in/gitR97hZ

25th Annual Midwest Capital Connection Breakout Sessions Sponsored by Ascend Technologies. 💡 We’re thrilled to announce a series of powerful speaker sessions designed around exit preparation and emerging trends in M&A. 🗓 October 30th 𝐇𝐨𝐰 𝐀𝐈 𝐚𝐧𝐝 𝐂𝐲𝐛𝐞𝐫𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐚𝐫𝐞 𝐑𝐞𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐌𝐢𝐝𝐝𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌&𝐀 12:30 PM - 1:25 PM CT Artificial intelligence and cybersecurity are redefining the M&A landscape. This lively discussion will focus on technology’s evolving impact on middle-market transactions and lessons learned from past deals. Whether you’re in tech or just curious, this panel is a must-attend. 𝐖𝐢𝐭𝐡 𝐒𝐩𝐞𝐚𝐤𝐞𝐫𝐬: Jason Molesworth, CEO at Accelerated Innovations Brandon Harms, MBA, Director of Cyber Security, Sales Engineering at Ascend Technologies Rick Schweiger, VP, Technical Operations at GTreasury 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐆𝐫𝐨𝐰𝐭𝐡: 𝐄𝐪𝐮𝐢𝐭𝐲, 𝐃𝐞𝐛𝐭, 𝐚𝐧𝐝 𝐄𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐈𝐧-𝐁𝐞𝐭𝐰𝐞𝐞𝐧 1:45 PM - 2:40 PM CT Looking to finance your company’s growth? This educational panel will break down the differences between control private equity, non-control private equity, and debt financing. Hear from senior deal professionals and explore options for leveraging growth capital. 𝐖𝐢𝐭𝐡 𝐒𝐩𝐞𝐚𝐤𝐞𝐫𝐬: Omar Diaz, Managing Director at Balmoral Advisors Andres Policastro, Vice President at Trivest Partners Peter W. Washington, Managing Director at The Copia Group, LLC Becca Schlagenhauf, Principal at Baird Capital 𝐃𝐞𝐚𝐥 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: 𝐖𝐡𝐞𝐫𝐞 𝐖𝐞’𝐯𝐞 𝐁𝐞𝐞𝐧 𝐚𝐧𝐝 𝐖𝐡𝐞𝐫𝐞 𝐖𝐞’𝐫𝐞 𝐆𝐨𝐢𝐧𝐠 3:00 PM - 3:55 PM CT If you’re a business owner considering an exit, this session is for you! We’ll review past transaction data, current deal structures, and forecast where the market is headed. Gain valuable insights from experienced professionals and better understand the trends that could shape your exit strategy. 𝐖𝐢𝐭𝐡 𝐒𝐩𝐞𝐚𝐤𝐞𝐫𝐬: Tom Turmell, Senior Director, Executive Education, Kellogg School of Management at TMT Capital Partners, LLC Robert Dunn, Managing Director at GF Data Michael Norton, Director of Business Development at Houlihan Capital Urška (Ursha) Prepeluh Magajne, Shareholder at Polsinelli Holly Smyth, Managing Director at B. Riley Securities Don’t Miss Out! 🔗https://lnkd.in/e25Z9Ejt #ACGChicago #MidwestCapitalConnection #Networking

What a great roundtable last night in Austin TX. Thanks to co-hosts Daniel Miller and Joona Heikkinen Loved seeing several DealRoom customers Amy M Weck, CIC, CSM, Bobby Lish, Tyler Huntington, PMP, Joona Heikkinen, Aman Quadri, Robbie Reed Some takeaways: 1. Key to have 1on1 relationships with functional leads - be their voice re: integration 2. How much success CD owns ranges.. support BU only, own to close, own post 1 year 3. Cos flushed with cash are move strategic focused, less cash> prioritze investments 4. Scaling outbound: speed to close, pay premium, pre-prep vendors to go faster, get to customer calls fast, face-time with owners is key, templatizing the M&A process. 5. AI will replace all investment banks soon.. jk :) Big thank you to everyone who attended. I'm making my way over to Denver for a special assignment.. stay tuned! #acquisitions #mergersacquisitionsdivestitures #mascience

"Fragile is how I would describe the tech M&A market. Deals are getting done, but there is still, on the buyer side, not a lot of tolerance for missing projections." Gregory Bedrosian, Drake Star’s CEO was recently interviewed by S&P Global’s Iuri Struta on the Tech M&A market. The article covers a range of issues including M&A deal activity, valuation shifts, and the Rule of 40 companies. Full article available in the link in the comments below. #MergersAndAcquisitions #Tech #InvestmentBanking #PrivateEquity

Roberts & Ryan Corporate Access Series: Progress (NASDAQ: PRGS) This was our second investor call with Progress this year – and we had plenty to talk about! We spent the bulk of our time discussing their recently announced $875M acquisition of ShareFile. Something PRGS is very good at is acquiring companies, integrating them, and extracting higher margins. ShareFile is currently operating at 15-20% margins and PRGS believes they can take that to 40% - lots of synergies and they have the experience to make it happen. I asked for 3 Key Takeaways: 1️⃣ Consistent Performance – Beats Expectations 2️⃣ MOVEit Security Breach from 2023 is largely behind them – Favorable outcomes from various regulators 3️⃣ Growth/M&A – ShareFile Acquisition is a great example. More to come! ✔️ Take a look at them here: https://lnkd.in/dNt-d3-9 “Thank You” to Anthony Folger and Michael R. Micciche for giving us your time today and “thank you” to all of the investors that joined us! Our friends at Seaport Research Partners opened this call up to their client base – we appreciate the partnership. *Find FUTURE EVENTS on Corpaxe #softwareinfrastructure #technology #Saas #businessapplications #applicationdevelopment #DevOps #OpenEdge #MOVEit #DataDirect #MarkLogic #softwaredevelopment #veteransupport #veteranbrokerdealer #corporateaccess #investorcalls

There was a significant uptick in M&A activity this past week, particularly among global cybersecurity providers, starting with Crane NXT's acquisition of OpSec Security for $270 mn on Monday, followed by the Wiz' acquisition of Gem Security for $350 mn and Zscaler's acquisition of Avalor Security (a Zscaler company) for $310 mn on. Additionally, the AI trend continued to gain momentum with the Together AI's $106 venture round led by Salesforce Ventures and the acquisition of firms by large corporations, such as Apple's acquisition of DarwinAI. Cybersecurity was also in the spotlight in Brazil as a result of the acquisition of Protega Managed Cybersecurity by SAFEWAY, a Stefanini Group company. Other notable transactions include: - PAR Technologies acquisition of TASK for $206 mn and Stuzo for $190 mn - KKR's acquisition of mdf commerce for $189 mn - Bain & Company's acquisition of PiperLab - Applied Intuition's $250 mn Series E at a $6 bn valuation with participation from Andreessen Horowitz, Porsche Automobil Holding SE, General Catalyst and HUMAN CAPITAL Stay tuned for our monthly Software, Fintech and Internet reports to be released this week and feel free to reach out in case you want to learn more about the tech landscape in LatAm or discuss any strategic or financial advisory needs. #LatAmTech #TechTransactions #Tech #Technology #InvestmentBanking #MergersAndAcquisitions #CapitalRaising #FundingRounds

Thoma Bravo’s Mike Hoffmann on private equity in IT: “This perspective that private equity hives assets off and milk’s cash flows and stuff, that’s just a severe misunderstanding of how private equity firms in the software space make money … They make money based on compounded earnings over time, and you compound earnings through top line growth.” You’ll learn more about how the SMB channel looks through the eyes of a PE heavyweight in this week’s post. Sound off on what PE looks like through your eyes if you wish! #channelholic #msp

Later this month I’ll be speaking at this year’s annual Shareholder Services Association conference on how New Technologies are impacting shareholder relations. And the conversation couldn’t be more timely. Computershare recently reported that nearly 75% of 2024’s annual shareholder meeting attendees were individual shareholders and guests. Read that again. 👀 So what does this mean? Among other things: It means people - individual shareholders are present and engaged. Increasingly so. It means people are calling in, showing up and learning how they and the companies they support can be better corporate citizens. It means the invisible shareholder masses, the people making up the majority of annual meeting attendees - are tired of being invisible. They are waking up to their collective power. And they want to be seen, heard and engaged with. It’s already happening. This IS the future of shareholder relationships. And the technology to embrace shareholders, and to understand shareholders, and to engage with shareholders must match. That’s where Urvin comes in - offering easy and scalable tools to connect with shareholders. You have to be in the conversation to understand the conversation. And if you plan to be in Portland, ME for the conference let me know! #shareholderelations #shareholders #investors #investorrelations #fintech #dctech #startup #founderstories

We’ve unlocked limited-time access for you to view "How a Canadian Company Became The World’s Best Acquirer of Tech Firms" without an Economist subscription. You’ll gain insight into: - The art of identifying tech firms with enduring competitive edges. - Strategies for nurturing acquired businesses for long-term success. - The importance of patient ownership in the world of tech acquisitions. Access the full article here: https://lnkd.in/gn43EAt4