General Atlantic Mergers and Acquisitions Summary

Growth Capital Firm Profile

In the last 3 years, General Atlantic has acquired 6 companies. It has also invested in 22 others.

General Atlantic’s most common sectors for investment areinternet software and services (23%) and information technology (14%) . The Firm’s most common investment types include growth capital (37%) and venture (31%). In total, General Atlantic has invested in 28 US states and 33 different countries. Its largest (disclosed) acquisition occurred in 2022 when it acquired Coupa Software for $8.0B.

In the last 3 years, General Atlantic has exited 4 companies. The Firm’s most common exit type is ipo (36%). General Atlantic’s largest (disclosed) exit occurred in 2017 when it sold AppDynamics for $3.7B.

Join Mergr to view General Atlantic’s full profile and discover more mega-sized growth capital firm investors just like it.

M&A Summary

  • M&A Total Activity469
    • M&A Buy Activity327
    • M&A Sell Activity142
  • Total Sectors Invested 34
  • Total Countries Invested 33
  • M&A Buy/Sell Connections 147
  • M&A Advisors 35

General Atlantic

General Atlantic Service Company, L.P.

Park Avenue Plaza 55 East, 32nd Street,
New York, New York 10055
United States
(212) 715-4000
www.generalatlantic.com
info@generalatlantic.com

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in Greenwich, Connecticut.


Investment Criteria

Sectors of Interest: Business Services, Communications, Consumer Products, Consumer Services, Digital Media, Distribution, E-Commerce, Education, Electrical Equipment, Electronics, Energy Services and Equipment, Engineering, Financial Services, Gaming, Healthcare Services, Information Technology, Infrastructure, Insurance, Internet Software and Services, Leisure, Life Science, Manufacturing, Marketing, Media, Oil/Gas Exploration, Publishing, Retail, Safety/Security, Semiconductors, Software, Staffing, Technology Hardware, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Growth Capital, Recapitalization, Secondary Buyout

Geographic Preferences: East US, Midwest US, South US, West US, Canada, United Kingdom, Western Europe, Eastern Europe, Scandinavia, Asia/Pacific, Australia/New Zealand, Central Asia/India, Latin/South America

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 40 400
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (14.8/yr) # 253 46 22 6 - - 327
vol $8.1B $8.0B $3.6B $19.7B
Sell (4.8/yr) # 120 20 2 2 - - 144
vol $29.6B $600M $2.1B $32.3B
  471

Most Recent M&A

Company Date Value Type
Flint Group 2023-08-18 - Stake Purchase
Seattle, Washington · www.flintg.com
Flipp Corp. 2023-08-16 - Secondary Buyout
Toronto, Ontario · www.flipp.com
Arco Platform Ltd. 2023-08-10 1.5B USD Going Private
Sao Paulo, Brazil · www.arcoeducacao.com.br
Kahoot! AS 2023-07-14 2.1B NOK Going Private
Oslo, Norway · www.kahoot.com
ATOSS Software AG 2023-06-15 - PIPE
Munich, Germany · www.atoss.com
Tripleseat Software LLC 2023-04-27 - Secondary Buyout
Concord, Massachusetts · www.tripleseat.com
OneOncology 2023-04-20 2.1B USD Secondary Buyout
Nashville, Tennessee · www.oneoncology.com
PT Cisarua Mountain Dairy Tbk 2023-01-10 - Stake Purchase
Jakarta, Indonesia · www.cimory.com
Coupa Software, Inc. 2022-12-12 8.0B USD Going Private
San Mateo, California · www.coupa.com
Mobileye Global Inc. 2022-10-26 - PIPE
Jerusalem, Israel · www.mobileye.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Visma Oy 2017-06-29 Visma - IT Consulting Business 2022-06-16 3
Oslo, Norway · www.visma.com Oslo, Norway
Howden Group Holdings Ltd. 2013-03-27 TigerRisk Partners LLC 2022-06-09 1
London, United Kingdom · www.howdengroupholdings.com Stamford, Connecticut · www.tigerrisk.com
Visma Oy 2017-06-29 Lyanthe BV 2022-03-10 41
Oslo, Norway · www.visma.com Echt, Netherlands · www.lyanthe.com
Visma Oy 2017-06-29 Onguard Holding 2020-02-20 40
Oslo, Norway · www.visma.com Amsterdam, Netherlands · www.onguard.com
Visma Oy 2017-06-29 VerzuimSignaal 2019-11-04 2
Oslo, Norway · www.visma.com Utrecht, Netherlands · www.verzuimsignaal.com
Visma Oy 2017-06-29 ProLøn A/S 2019-06-24 39
Oslo, Norway · www.visma.com Randers, Denmark · www.proloen.dk
Visma Oy 2017-06-29 Roxit BV 2019-02-11 38
Oslo, Norway · www.visma.com Zwolle, Netherlands · www.roxit.nl
Visma Oy 2017-06-29 Extenda Retail 2018-09-20 1
Oslo, Norway · www.visma.com Stockholm, Sweden · www.extendaretail.com
Visma Oy 2017-06-29 Raet BV 2018-07-06 37
Oslo, Norway · www.visma.com Amersfoort, Netherlands · www.vismaraet.nl
Visma Oy 2017-06-29 Admincontrol AG 2017-10-04 36
Oslo, Norway · www.visma.com Oslo, Norway · www.admincontrol.com

M&A by Sector

Sector Current # Value All-time # Value
Internet Software and Services 44 (25%) 10.1B (84%) 73 (22%) 10.1B (51%)
Information Technology 19 (11%) - 43 (13%) 265M (1%)
Financial Services 13 (7%) - 29 (9%) 1.6B (8%)
Software 17 (10%) - 24 (7%) -
Business Services 2 (1%) - 21 (6%) 1.1B (5%)
Healthcare Services 12 (7%) - 21 (6%) -
Life Science 11 (6%) - 19 (6%) -
E-Commerce 9 (5%) - 17 (5%) 43M (< 1%)
Retail 8 (5%) - 12 (4%) -
Education 5 (3%) 1.5B (13%) 6 (2%) 1.5B (8%)
Consumer Services 5 (3%) - 6 (2%) -
Insurance 2 (1%) 385M (3%) 5 (2%) 385M (2%)
Consumer Products 4 (2%) - 5 (2%) -
Information Services 1 (1%) - 4 (1%) 122M (1%)
Digital Media 2 (1%) - 4 (1%) -
Marketing 1 (1%) - 4 (1%) -
Medical Products 3 (2%) - 4 (1%) -
Restaurants 2 (1%) - 4 (1%) -
Real Estate 2 (1%) - 3 (1%) 2.8B (14%)
Engineering - - 3 (1%) 1.7B (8%)
Apparel/Textiles 2 (1%) - 3 (1%) -
Food 3 (2%) - 3 (1%) -
Staffing - - 2 (1%) 200M (1%)
Environmental 2 (1%) - 2 (1%) -
Publishing 1 (1%) - 2 (1%) -
Transportation 1 (1%) - 2 (1%) -
Aerospace 1 (1%) - 1 (< 1%) -
Agriculture 1 (1%) - 1 (< 1%) -
Energy Services and Equipment - - 1 (< 1%) -
Infrastructure - - 1 (< 1%) -
Leisure - - 1 (< 1%) -
Media - - 1 (< 1%) -
Renewable Energy 1 (1%) - 1 (< 1%) -
Technology Hardware - - 1 (< 1%) -
Total 174 $12.0B 329 $19.7B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 78 (45%) 8.0B (67%) 157 (48%) 14.4B (73%)
  California 24 (14%) 8.0B (67%) 44 (13%) 8.0B (41%)
  New York 12 (7%) - 22 (7%) 1.7B (9%)
  Massachusetts 11 (6%) - 17 (5%) -
  Texas 5 (3%) - 11 (3%) -
  Illinois 3 (2%) - 10 (3%) -
  Florida 4 (2%) - 6 (2%) -
  Connecticut - - 6 (2%) -
  Colorado 2 (1%) - 4 (1%) 200M (1%)
  South Carolina 1 (1%) - 4 (1%) -
  Washington 2 (1%) - 3 (1%) -
  Pennsylvania 2 (1%) - 3 (1%) -
  Utah 2 (1%) - 2 (1%) -
  North Carolina 1 (1%) - 2 (1%) -
  Michigan 1 (1%) - 2 (1%) -
  Maryland 1 (1%) - 2 (1%) -
  Kansas 1 (1%) - 2 (1%) -
  Georgia 1 (1%) - 2 (1%) -
  Arizona 1 (1%) - 2 (1%) -
  Virginia - - 2 (1%) 1.7B (8%)
  Tennessee - - 2 (1%) -
  New Jersey - - 2 (1%) -
  Vermont 1 (1%) - 1 (< 1%) -
  Ohio 1 (1%) - 1 (< 1%) -
  Minnesota 1 (1%) - 1 (< 1%) -
  Alabama 1 (1%) - 1 (< 1%) -
  Nebraska - - 1 (< 1%) 2.8B (14%)
  West Virginia - - 1 (< 1%) -
  Arkansas - - 1 (< 1%) -
China 13 (7%) - 28 (9%) -
India 14 (8%) - 24 (7%) -
Germany 9 (5%) - 18 (5%) -
United Kingdom 8 (5%) 385M (3%) 18 (5%) 864M (4%)
Brazil 9 (5%) 1.5B (13%) 17 (5%) 1.5B (8%)
France 7 (4%) - 7 (2%) -
Mexico 7 (4%) - 7 (2%) -
Netherlands 2 (1%) - 5 (2%) -
Indonesia 4 (2%) - 4 (1%) -
Israel 3 (2%) - 4 (1%) -
Spain 1 (1%) - 4 (1%) 15M (< 1%)
Canada 1 (1%) - 4 (1%) -
  Ontario - - 3 (1%) -
  Alberta 1 (1%) - 1 (< 1%) -
Denmark 2 (1%) - 3 (1%) -
Australia 1 (1%) - 3 (1%) -
Singapore 1 (1%) - 3 (1%) -
Norway 2 (1%) 2.1B (17%) 2 (1%) 2.1B (11%)
Colombia 1 (1%) - 2 (1%) -
Sweden 1 (1%) - 2 (1%) -
Turkey 1 (1%) - 2 (1%) -
United Arab Emirates 1 (1%) - 2 (1%) -
Uruguay 1 (1%) - 2 (1%) -
Cayman Islands 1 (1%) - 1 (< 1%) -
Czech Republic 1 (1%) - 1 (< 1%) -
Kenya 1 (1%) - 1 (< 1%) -
Nigeria 1 (1%) - 1 (< 1%) -
Philippines 1 (1%) - 1 (< 1%) -
Switzerland 1 (1%) - 1 (< 1%) -
Vietnam 1 (1%) - 1 (< 1%) -
Bermuda - - 1 (< 1%) 800M (4%)
South Africa - - 1 (< 1%) 53M (< 1%)
Russia - - 1 (< 1%) -
Slovenia - - 1 (< 1%) -
Total 174 $12.0B 329 $19.7B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 56 (32%) - 120 (36%) -
Venture 74 (43%) - 100 (30%) 58M (< 1%)
Stake Purchase 18 (10%) - 37 (11%) -
Secondary Buyout 8 (5%) 385M (3%) 22 (7%) 385M (2%)
Buyout (LBO, MBO, MBI) 3 (2%) - 16 (5%) 595M (3%)
PIPE 4 (2%) - 13 (4%) 1.4B (7%)
Going Private 4 (2%) 11.6B (97%) 6 (2%) 11.8B (60%)
Divestiture 1 (1%) - 5 (2%) 5.5B (28%)
Add-on Acquisition 4 (2%) - 5 (2%) -
Joint Venture 1 (1%) - 2 (1%) -
Acquisition Financing - - 1 (< 1%) -
Merger - - 1 (< 1%) -
Recapitalization 1 (1%) - 1 (< 1%) -
Total 174 $12.0B 329 $19.7B

Exits by Deal Type

Type Total # Value
IPO 51 (35%) 335M (1%)
Trade Sale - Public Company 30 (21%) 18.3B (60%)
Secondary Sale 25 (17%) 10.6B (34%)
Trade Sale 13 (9%) 1.5B (5%)
Stake Sale 11 (8%) -
Merger 6 (4%) -
Sold to Management 3 (2%) -
Bankruptcy 2 (1%) -
SPAC 2 (1%) -
Recapitalization 1 (1%) -
Total 144 $30.6B

Top M&A Advisors

Financial Deals
Financo LLC
2
Goldman Sachs Investment Banking Division
2
BlackArch Partners LLC
1
Legal Deals
Paul, Weiss, Rifkind, Wharton & Garrison LLP
25
Weil Gotshal & Manges LLP
4
Freshfields Bruckhaus Deringer LLP
2

Deal Values

buy # Total
> $1B 6 $17.4B
$100M to $1B 7 $2.2B
< $100M 3 $111M
TOTAL $19.7B
Largest Coupa Software, Inc.
$8.0B (2022-12-12)
sell # Total
> $1B 12 $25.2B
$100M to $1B 19 $7.1B
< $100M 2 $46M
TOTAL $32.3B
Largest AppDynamics, Inc.
$3.7B (2017-01-25)

M&A Connections

Deals
Acquired from
Investor(s)
8%
27 (8%)
Strategic(s)
3%
9 (3%)
Exited to
Investor(s)
22%
32 (22%)
Strategic(s)
35%
50 (35%)

 Subscribe to unlock this and 193,848
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 184K M&A Transactions
  • 189K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 72K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.