William Blair acted as financial advisor to Mailgun in connection with its sale to Thoma Bravo. The transaction closed on March 26, 2019.
Transaction Highlights
- Deep relationships and industry expertise: Mailgun was specifically attracted to William Blair’s extensive software knowledge, experience with developer-focused business models, and strong relationships with the most acquisitive strategic and financial buyers.
- Execution excellence: William Blair constructed an efficient process designed to enable a short list of parties to conduct early diligence in lockstep with the transaction team, providing the opportunity to gauge market interest ahead of a formal process launch.
- Instrumental process guidance: The transaction team drove an optimal process by taking a hands-on approach in each step of the transaction process, closely collaborating with management on preparation, marketing, and diligence.
About the Companies
Mailgun provides email API technology to over 150,000 companies, enabling developers to send, receive, and track email easily from within their applications. Mailgun offers robust infrastructure technology combined with best-in-class customer support to ensure market-leading deliverability across several types of emails, including transactional and marketing messages. Mailgun is based in San Antonio, Texas.
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $30 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives, and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The firm has offices in San Francisco and Chicago.
Learn more about our technology investment banking expertise.