Planview Acquisition, Valuation, Funding & Investors

Planview was acquired by TPG for $1.6B in November 2020.

Planview acquisition price

$1.6B

Acquired by TPG · Nov 2020

Planview revenue

$410M

Undisclosed stage · Jul 2022

Cumulative funding Planview raised

$113M

across 1 funding round

Planview Overview

About Planview

Planview is an Austin-headquartered provider of AI-powered portfolio management software. Its AdaptiveWork platform unifies project, product, and resource planning for enterprises like Siemens and Philips. Serving over 4,500 customers worldwide, it delivers analytics for prioritizing initiatives aligned with business outcomes in IT and finance sectors.


Founded

1989

HQ

United StatesAustin, TX

Status

Acquired

Customer focus

B2B

Revenue model

Subscription

Revenue

$410M (Jul 2022)

Valuation

$1.6B (Jul 2022)

Planview Acquisition

Planview was acquired by TPG for $1.6B on 10 November 2020.

Before the acquisition Planview had raised $113M across 1 funding round.

Planview is a global leader in Portfolio Management and Work Management software solutions that enable organizations to manage projects, resources, and strategic delivery at enterprise scale. Founded in 1989 and based in Austin, Texas, the company had been majority-owned by Thoma Bravo since 2017, with Insight Partners retaining a minority stake. TPG Capital and TA Associates announced the acquisition of Planview for $1.6 billion on November 10, 2020, with the deal closing in December 2020. Thoma Bravo retained a minority stake in the company as part of the transaction. The acquisition was strategic for TPG and TA Associates, who saw significant market opportunities in Planview's comprehensive portfolio and work management solutions as enterprises increasingly needed to accelerate strategy-to-delivery execution in a rapidly evolving digital landscape. Greg Gilmore, who had been CEO and instrumental in transforming Planview from an IT PPM provider into a broader dual-domain platform spanning both Agile and traditional project management, stepped down from his CEO role but remained as an independent director during the transition to new leadership.

Planview acquisition details
AcquirerDateTypePrice
10 Nov 2020PE buyout$1.6B

Planview Valuation

Planview is currently valued at $1.6B, based on its undisclosed-stage round in July 2022.

Planview valuation by funding round

Planview valuation by funding round
DateStageValuationRevenue Multiple
Jul 2022Undisclosed stage$1.6B3.9x

Planview Revenue

Planview's latest recorded revenue is $410M, as of its undisclosed-stage round in July 2022. At a $1.6B valuation, that implies a 3.9x revenue multiple.

Planview revenue by funding round

Planview revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jul 2022$410M$1.6B3.9xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Planview Funding History

Planview has raised a total of $113M across 1 funding round.

Planview funding rounds

Planview funding rounds
DateStageRaisedValuationDeal Summary
Jul 2022Undisclosed stage$113M$1.6BPlanview is a global leader in portfolio management and work management solutions, providing a comprehensive platform that spans strategic portfolio planning to delivery execution. The company has over 30 years of experience helping organizations connect strategy to delivery through integrated Portfolio Management and Work Management solutions that enable enterprises to transform and accelerate on-strategy delivery at scale. In November 2020, TPG Capital and TA Associates announced a definitive agreement to acquire Planview from existing majority shareholder Thoma Bravo for a total purchase price of $1.6 billion, with Thoma Bravo retaining a minority interest. For fiscal year 2022, Planview reported record financial performance with total revenue surpassing $410 million for the full year and annual recurring revenue (ARR) exceeding $380 million, representing 17% year-over-year growth. The company's growth was accelerated by strategic acquisitions of Tasktop and Enrich in the first half of 2022, which enhanced Planview's data science, planning, connectivity, and transformation offerings, particularly strengthening its Value Stream Management solution for helping organizations accelerate time to market and improve operational efficiency.

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Acquisitions by Planview

Planview has acquired 12 companies to date.

Last acquisition by Planview was on February 18th 2025. Planview acquired Sciforma for undisclosed valuation.


Latest Acquisitions by Planview

Sciforma
Plutora
Enrich Consulting
Tasktop
Description
Sciforma is a Campbell-headquartered provider of cloud-based project portfolio management software called Vantage. The platform delivers idea management, resource optimization, granular planning with dependency tracking, risk assessment, and real-time reporting for PMOs in healthcare, manufacturing, finance, and public sectors. Key customers include Netgear, NXP Semiconductors, Deutsche Telekom, and EADS, reporting productivity gains through automated workflows and strategic alignment tools.
Plutora is an enterprise software release management platform that accelerates application delivery pipelines for Fortune 500 companies. Headquartered in Sunnyvale, California, with offices in Brisbane and Munich, the company serves clients like Barclays, Lufthansa, and Credit Suisse by integrating DevOps tools, automating deployments, and providing value stream management analytics. Plutora's solutions track portfolio performance, forecast release risks, and ensure compliance across hybrid cloud environments.
Enrich Consulting is a San Francisco-headquartered firm building custom business forecasting software with integrated analytics for life sciences and technology sectors. The company delivers purpose-built platforms for drug development pipelines, revenue modeling, and opportunity scoring used by pharmaceutical firms.
Tasktop is a Vancouver-headquartered software platform for value stream management in DevOps. Founded in 2005, it integrates with tools like Jira, GitHub, and Azure DevOps to visualize end-to-end software delivery. The system provides automation, analytics, and forensics for process optimization. Enterprises use it to accelerate release cycles.
HQ CountryUnited StatesUnited StatesUnited StatesCanada
HQ City
San Diego, CA
San Francisco, CA
San Jose, CA
Vancouver
Deal Date18 Feb 202518 Sep 202422 Jun 202218 May 2022
Valuationundisclosedundisclosedundisclosed$30M
EV/Revenue
EV/EBITDA

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Planview Competitors

Planview competitors include listed companies like Descartes Systems Group and GigaCloud Technology, and private ones like ElasticRun, Bringg, YH Global and Airbyte.

Public and private companies comparable to Planview
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ElasticRunIndiaPunePrivate--$1.5B-
BringgIsraelIsraelPrivate--$1B-
YH GlobalChinaShenzhenPrivate--$1B-
Descartes Systems GroupCanadaCanadaPublicly listed$729M$305M$6.8B8.1x
AirbyteUnited StatesSan Francisco, CAPrivate--$1.5B-
GigaCloud TechnologyUnited StatesUnited StatesPublicly listed$1.3B$158M$1.9B1.4x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GigaCloud Technology$1.3B$158M1.6x1.4x12.8x10.6x
Infomart$121M$31M9.3x8.6x35.9x31.7x
GuoChuang Software$220M($17M)4.8x-(60.4x)-
Xiamen Xiangyu Co$61B$523M0.1x0.1x13.8x10.4x
New Trend International Logis-Tech$352M$42M1.4x-11.9x-
RWS Holdings$927M($26M)0.7x0.7x(27.2x)4.8x
Huitongda Network$7.8B$112M0.0x0.0x0.3x0.3x
KSEC Intelligent Technooogy$298M($9M)1.4x-(44.3x)-

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Common questions about Planview

When was Planview founded?Planview was founded in 1989.
Where is Planview headquartered?Planview is headquartered in Austin, TX, United States.
Is Planview publicly listed?No, Planview was acquired by TPG in November 2020.
Who acquired Planview?Planview was acquired by TPG in November 2020.
How much was Planview acquired for?Planview was acquired for $1.6B in November 2020.
What is Planview's valuation?Planview was last valued at $1.6B in its undisclosed-stage round in July 2022.
How much funding has Planview raised?Planview has raised $113M across 1 funding round.
What was Planview's last funding round?Planview's last funding round was a $113M undisclosed-stage round in July 2022.
What is Planview's revenue?Planview's latest recorded revenue is $410M (July 2022).
What is Planview's revenue multiple?Planview's latest valuation implies a 3.9x revenue multiple ($1.6B valuation on $410M of revenue).
Which companies are comparable to Planview?Companies comparable to Planview include ElasticRun, Bringg, YH Global, Descartes Systems Group, Airbyte and GigaCloud Technology.
How many companies has Planview acquired?Planview has acquired 12 companies, including Sciforma, Plutora, Enrich Consulting, Tasktop and Clarizen.
What was the largest acquisition by Planview?The $300M acquisition of Clarizen in January 2021 is the largest acquisition Planview has made to date.

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