Wrike Signs Agreement to Acquire Klaxoon

Citrix Systems to Acquire Wrike for $2.25 Billion

January 19, 2021

Cloud & SaaS

Citrix Systems entered into a definitive agreement to acquire Wrike for $2.25 billion in cash. The deal combines Citrix’s digital work platform with Wrike’s cloud-delivered work management capabilities to accelerate Citrix’s transition to a complete SaaS-based work platform.

Kolsquare Acquires Woomio

December 17, 2024

Cloud & SaaS

Paris-based influencer marketing platform Kolsquare has acquired Woomio, a Copenhagen-founded influencer marketing SaaS provider focused on the Nordics. The acquisition strengthens Kolsquare's presence in Northern Europe and expands its product and customer footprint across 16 countries, accelerating its European growth under the team.blue group.

Symphony Technology Group Completes Recapitalization of Wrike

July 7, 2023

Cloud & SaaS

Symphony Technology Group (STG) completed a recapitalization to acquire full ownership of Wrike from Vista Equity Partners and Elliott Investment Management. As part of the ownership transition, Wrike founder Andrew Filev transitions to Board Advisor and Chief Financial Officer Thomas Scott becomes Interim CEO as the company continues to scale its SaaS work management platform.

WorkBoard Acquires Quantive

May 28, 2025

Cloud & SaaS

WorkBoard has acquired Quantive, combining two leading enterprise OKR and strategy-execution platforms to accelerate AI capabilities, product innovation, and market share. Quantive customers will be migrated to the WorkBoard platform and some Quantive investors will take observer seats on WorkBoard's board.

Xero Acquires Planday for €183.5M

March 8, 2021

Cloud & SaaS

Xero, the New Zealand-founded cloud accounting platform, has agreed to acquire Danish staff rota and workforce management SaaS provider Planday for €183.5 million (€155.7m upfront plus up to €27.8m earnout). The deal is expected to close in March 2022 and aims to integrate Planday’s scheduling and workforce tools into Xero’s small-business ecosystem to drive product capability expansion and revenue growth across key European markets.

DocuSign Acquires Lexion for $165 Million

May 6, 2024

Cloud & SaaS

DocuSign agreed to acquire Lexion, an AI-powered agreement/contract workflow automation startup, for $165 million in cash (subject to customary adjustments). The acquisition is intended to bolster DocuSign’s Intelligent Agreement Management (IAM) platform by adding deeper AI-driven document understanding, review, negotiation, and Q&A capabilities.