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JAMA SOFTWARE

Acquired by

FRANCISCO PARTNERS

UNITED STATES Software EV [1b USD - 100b USD] 03/2024

Target

JAMA SOFTWARE

Acquirer

FRANCISCO PARTNERS

Context

Francisco Partners has entered into a definitive agreement to acquire 100% of the share capital of Jama Software from funds managed by Insight Partners and Madrona Ventures. The transaction results in a full ownership transfer, with existing CEO Marc Osofsky reinvesting in the company to maintain leadership and continuity. The acquisition is a high-conviction bet on the "intelligent engineering management" sector. Having observed an organic tripling of recurring revenue over a five-year period, Francisco Partners aims to leverage its specific software sector expertise to accelerate Jama’s expansion across new industrial verticals and international markets. The thesis centers on Jama's ability to capitalize on the fundamental transformation occurring within the engineering management market. This deal underscores the continued institutional appetite for vertical SaaS platforms that solve mission-critical problems for highly regulated engineering industries.

JAMA SOFTWARE, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Jama Software provides a critical software platform for multidisciplinary engineering organizations, specializing in requirements management and product traceability. Its core product, Jama Connect, serves as a centralized hub for engineering teams to manage complex development lifecycles, effectively reducing risks such as defects, rework, and costly delays. The company’s value proposition is centered on "Live Traceability," which bridges the gap between disconnected engineering processes, allowing for streamlined collaboration and compliance in highly regulated sectors. The firm’s client base is diverse, spanning industries with rigorous standards such as automotive, medical devices, aerospace, and semiconductor manufacturing. Jama Software differentiates itself through deep vertical integration and a SaaS-native approach, positioning itself as a vital component in the digital transformation of product development.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2024
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2023
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Other operations with JAMA SOFTWARE

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: jama software

Acquirer: francisco partners