Jefferies served as exclusive financial advisor to EnterpriseDB in connection with this transaction. Additionally, Canaccord Genuity Group provided strategic support. Sidley represented Great Hill Partners on the transaction.
EnterpriseDB, the enterprise Postgres company, today announced it has been acquired by Great Hill Partners, a leading growth-oriented private equity firm. Financial terms of the private transaction were not disclosed.
With over 4,000 global customers, EnterpriseDB is the top developer of Postgres software for the enterprise. Customers use EnterpriseDB software to handle large-scale transaction processing, customer analytics, data warehousing, and web-based applications. The company’s portfolio of multi-cloud and on-premises Postgres performance, scalability, security, management tools, and Oracle database compatibility have contributed to Postgres’ stunning market growth within the enterprise.
EnterpriseDB has been growing over 40 percent year over year and has experienced 37 consecutive quarters of subscription growth. DB-Engines.com named Postgres “Database of the Year” in 2018 for the second consecutive year as it has increased in popularity more than any of the other 300-plus monitored systems.
The Sidley team was led by partner Alexander Temel (Picture). Corporate team members included counsel Daniel Rawner and associate Ashleigh Taylor (both Boston) and Global Finance team members included partner Angela Fontana and associate Sean Damm (both Dallas).
Law Firms: Sidley Austin LLP;
Clients: Great Hill Partners LLC;