Sale to Rogue Wave Software, Inc.

Technology & Services
Sale to Rogue Wave Software, Inc.

Summary

Baird served as the exclusive financial advisor to Gliffy, Inc. on this transaction

About

Gliffy, Inc. (“Gliffy” or the “Company”) was recently acquired by Rogue Wave Software, Inc. (“Rogue Wave”), a portfolio company of Audax Private Equity (“Audax”). Terms of the transaction were not disclosed.

Used by more than 10,000 customers including both technical and business users, Gliffy solutions improve visual collaboration between teams, leading to improved productivity and faster time to market. The Company offers two solutions that help teams improve speed and collaboration by using visualization to explain complex concepts within the current tools used to help teams collaborate and prioritize. Gliffy Diagram, one of the top downloaded applications in the Atlassian marketplace, provides users a tool to add diagrams directly to a Confluence workspace or into a Jira ticket and leverage visuals to provide more clarity about the project. In addition, the newly released Gliffy Project enables DevOps teams to plan releases and development workloads by combining visual workflows like whiteboards, flowcharts, and wireframes, with Jira. Gliffy is headquartered in San Francisco, California.

Rogue Wave helps thousands of global enterprise customers tackle issues in building, connecting and securing applications. Rogue Wave’s software platforms, tools, components and support have been used across the financial services, technology, healthcare, government, entertainment and manufacturing industries to deliver value and reduce risk. From API management, web and mobile, embeddable analytics, static and dynamic analysis to open source support, Rogue Waves offers the software essentials for its customers to innovate with confidence. Rogue Wave is headquartered in Louisville, Colorado.

Audax is a leading investor in the middle market and currently manages over $13 billion of assets through its private equity, mezzanine debt and private senior debt businesses. Through its disciplined Buy & Build approach, Audax seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. Audax is headquartered in Boston, Massachusetts.
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Technology & Services
Sale to Rogue Wave Software, Inc.
Date
October 2018
Company
Gliffy, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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