Hellman & Friedman Takes 7.5% Stake in Splunk

Hellman & Friedman and Sixth Street Growth Invest in Sprinklr

September 9, 2020

Cloud & SaaS

Sprinklr raised $200 million at a $2.7 billion valuation from Hellman & Friedman and secured an additional $150 million in convertible securities from Sixth Street Growth, representing up to $350 million in new capital. The financing will be used to accelerate Sprinklr's CXM platform growth, expand product capabilities (including AI-driven features), and support enterprise customer adoption.

Hellman & Friedman to Acquire The NPD Group

October 19, 2021

Data & Analytics

Hellman & Friedman has entered into an exclusive agreement to acquire The NPD Group, a global market information and analytics provider. NPD Executive Chairman Tod Johnson and CEO Karyn Schoenbart will retain a minority stake and remain on the board as H&F partners with management to accelerate product, data and platform growth.

Hellman & Friedman-led Investor Group to Acquire Ultimate Software

February 4, 2019

Cloud & SaaS

An investor group led by Hellman & Friedman, with participation from Blackstone, GIC, Canada Pension Plan Investment Board (CPPIB), and JMI Equity, agreed to acquire Ultimate Software in an all-cash transaction valuing the company at approximately $11 billion. Ultimate Software, a cloud-based human capital management (HCM) software provider headquartered in Weston, Florida, will become privately held and continue to operate under CEO Scott Scherr with plans for further product and service investment.

Hellman & Friedman Acquires Majority Stake in Enverus from Genstar Capital

April 13, 2021

Cloud & SaaS

Hellman & Friedman (H&F) has acquired a majority ownership stake in Enverus from Genstar Capital, with Genstar remaining a significant minority shareholder. The transaction values Enverus at $4.25 billion including assumed debt and is intended to accelerate Enverus' growth in SaaS, predictive analytics, AI/ML and expansion into renewable energy, power and ESG capabilities.

Hellman & Friedman (with TPG) Acquires Checkmarx for $1.15B

April 20, 2020

Cybersecurity

Hellman & Friedman, joined by TPG, has acquired Checkmarx at a $1.15 billion valuation in a buyout of the application-security leader. Insight Partners and K1 Investment Management remain minority shareholders; Checkmarx employs more than 700 people and serves over 1,400 customers worldwide.

Leonard Green Takes Minority Stake in Hub International

April 28, 2023

Insurance

Leonard Green & Partners will make a substantial minority investment in Hub International Limited, valuing the insurance broker at about $23 billion. The funding will provide liquidity to existing equity holders while Hellman & Friedman remains the controlling shareholder and Altas Partners remains a significant minority owner.