Gomez sold for $295 million
Article Date: Oct 12 2009US web application specialist Gomez has been acquired by software company Compuware, providing an exit for its private equity investors.
The deal is expected to close in November, with $295 million (£187 million) due to change hands.
Gomez’s largest shareholder is New York-based venture capitalist Dophin Equity Partners. European firm Doughty Hanson Technology Ventures is also an investor in the company, which helps organisations improve their web-based applications by measuring their effectiveness across users, browsers and regions.
Ivan Farneti, principal at Doughty Hanson, describes the sale as ‘a great exit in a difficult market’.
Gomez has 272 staff, of whom ‘substantially all’, including the leadership team, are expected to remain with Compuware after the close of the transaction.
