Mailgun (Thoma Bravo-backed) Acquires Mailjet

Thoma Bravo Acquires Majority Stake in Mailgun Technologies

April 1, 2019

Software

Thoma Bravo has acquired a majority stake in Mailgun Technologies, a San Antonio–based provider of email infrastructure software, from Turn/River Capital. The strategic growth investment provides growth capital to help Mailgun expand its platform and accelerate its product roadmap; Turn/River and the company's management will retain minority ownership stakes.

Sinch Acquires Pathwire (Mailgun & Mailjet) from Thoma Bravo

September 30, 2021

Cloud & SaaS

Sinch AB has entered into a definitive agreement to acquire Pathwire — the owner of Mailgun, Mailjet and Email on Acid — from private equity firm Thoma Bravo for cash and shares, valuing the deal at roughly USD 1.9 billion enterprise value. The acquisition adds email delivery capabilities to Sinch's CPaaS platform, boosting its customer base and annualized revenue run rate while expanding its product set for developers and marketers.

Pipedrive Acquires Mailigen

March 5, 2020

Cloud & SaaS

Pipedrive, a sales CRM provider, has acquired Mailigen, an email marketing automation platform headquartered in Riga, Latvia. The deal — Pipedrive's first acquisition — will integrate Mailigen's email, SMS and automation capabilities into Pipedrive's CRM to offer combined sales and marketing functionality; terms were not disclosed.

Architect Equity Acquires The Mail Group From bpost group

August 5, 2021

Logistics & Distribution

Architect Equity has acquired The Mail Group (TMG) from bpost group in a corporate divestiture. TMG is an asset-light third-party logistics provider offering full-service mail, packet, parcel and publication delivery across North America and globally; Architect plans to support the company's growth through operational and corporate-development resources.

Pathwire Acquires Email on Acid

June 9, 2021

Cloud & SaaS

Pathwire has acquired Email on Acid to add industry-leading pre-deployment email testing and optimization tools to its email API and marketing product suite. The acquisition expands Pathwire’s end-to-end email capabilities, enabling customers of Mailgun and Mailjet to access instant email testing, content checks, and analytics as part of a more comprehensive ESP offering.

Apax Acquires Majority Stake in Mailinblack

September 12, 2022

Cybersecurity

Apax (via its Apax Development and APEO funds) acquired a majority stake in Mailinblack, a Marseille-based cybersecurity software company, with co-investment from the NewAlpha Verto fund and continued participation from managers and historic shareholders. The investment will fund product expansion (email protection, training, password management, secure transfer) and international growth as Apax aims to consolidate Mailinblack's leading position in Europe and significantly scale revenue by 2026.