Francisco Partners and TPG Capital Acquire Boomi from Dell Technologies

May 2, 2021

Francisco Partners and TPG Capital agreed to acquire Boomi, Dell Technologies' cloud-native integration platform (iPaaS), in a cash transaction valued at $4.0 billion. The carve-out will make Boomi an independent company to accelerate its next phase of growth; the deal was expected to close by the end of 2021 and Boomi serves more than 15,000 customers globally.

Buyers
Francisco Partners, TPG Capital
Targets
Boomi
Sellers
Dell Technologies
Industry
Cloud & SaaS
Location
Pennsylvania, United States
Transaction Type
Buyout

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