Sunday, May 22

Private equity firm Thoma Bravo to buy Anaplan for $10.7 bln – WSJ

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Private equity firm Thoma Bravo LP has struck a deal to buy software maker Anaplan Inc for $10.7 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

The newspaper said that shareholders of Anaplan are to receive $66 a share in cash, adding that chief executive Frank Calderoni plans to continue to lead the company.

Anaplan makes software that helps businesses plan by modeling for different forecasting outcomes, the Journal said. (Reporting by Vishal Vivek in Bengaluru; Editing by Muralikumar Anantharaman)