Zuora, Inc., a Redwood City, CA-based provider of a monetization platform for business, announced the completion of its acquisition by Silver Lake in partnership with an affiliate of GIC Pte. Ltd., for $10.00 per share in cash.
With the completion of the acquisition, Zuora’s Class A common stock will cease trading and the company will no longer be listed on the New York Stock Exchange.
Founded by CEO Tien Tzuo, Zuora provides a monetization platform to build, run and grow a business through a mix of usage-based models, subscription bundles and everything in between. From pricing and packaging, to billing, payments and revenue recognition, its software solutions are designed to help companies evolve and scale monetization with demand. More than 1,000 customers around the world, including BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric and Zoom use Zuora’s combination of technology for their financial operations.
Zuora is headquartered in Silicon Valley with offices in the Americas, EMEA and APAC.
Silver Lake is a global technology investment firm, with more than $103 Billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia.
GIC is a global investment firm established in 1981. As the manager of Singapore’s foreign reserves, GIC takes an approach to investing and is positioned across a wide range of asset classes and active strategies globally. These include equities, fixed income, real estate, private equity, venture capital, and infrastructure. Headquartered in Singapore, GIC has a global force of over 2,300 people in 11 key financial cities and has investments in over 40 countries.
FinSMEs
17/02/2025