Carlsquare advised Boomi, the intelligent integration and automation leader jointly owned by Francisco Partners and TPG, on the acquisition of Rivery, an advanced data integration provider offering cutting-edge Change Data Capture (CDC) for real-time, efficient data movement.
Boomi helps organizations around the world automate and streamline critical processes to achieve business outcomes faster. Harnessing advanced AI capabilities, the Boomi Enterprise Platform seamlessly connects systems and manages data flows with API management, integration, data management, and AI orchestration in one comprehensive solution.
The strategic acquisition of Rivery accelerates Boomi’s vision to simplify data management, allowing customers to quickly deploy data pipelines utilizing ELT capabilities. With the addition of Rivery, Boomi also blurs the lines between integration platform as a service (iPaaS), API management, and data integration, strengthening customers’ ability to consolidate on fewer vendors.
“This acquisition marks an important milestone for Boomi as we expand our platform to address the evolving data management needs of businesses in the age of data-driven decision-making and AI. Carlsquare’s expertise and dedication through the entire process was a critical success element. Their deep understanding of the automation and data sectors enabled them to be true champions of our success.” – Steve Lucas, Chairman and CEO, Boomi
Carlsquare served as exclusive financial advisor to Boomi. The acquisition is expected to close by the end of 2024.
