Carlsquare Successfully Guides Boomi in Strategic Acquisition of Rivery for Enhanced Data Management

Carlsquare Advises Boomi on Acquisition of Rivery

In a significant move to enhance its data management capabilities, Boomi, recognized as a leader in intelligent integration and automation, has successfully acquired Rivery, an advanced data integration provider specializing in cutting-edge Change Data Capture (CDC) technology. This strategic acquisition has been facilitated by Carlsquare, which served as the exclusive financial advisor for the deal.

Overview of the Acquisition

The announcement was made on December 19, 2024, highlighting Carlsquare's integral role in guiding Boomi, which is co-owned by Francisco Partners and TPG. The acquisition aligns with Boomi's mission to simplify data management, allowing organizations to consolidate their vendor ecosystem and effectively respond to the burgeoning demands of data-driven decision-making in the current age. With the industry's increasing reliance on real-time data, the integration of Rivery's solutions is set to provide Boomi's customers with a more robust approach to data integration and pipeline management.

Founded with the vision to streamline data management processes, Rivery enables companies to establish efficient data pipelines through its ELT (Extract, Load, Transform) capabilities. By leveraging Rivery’s innovative data integration solutions, organizations can achieve simpler and more effective management of their data flows in real time.

Importance of Rivery's Technology

Rivery has distinguished itself in the data management landscape, particularly for its advanced CDC technology, which allows businesses to handle data movement efficiently and in near real-time. This capability is crucial as companies increasingly seek to harness the power of their data to drive business outcomes. By incorporating Rivery into its portfolio, Boomi aims to strengthen its position within the integration and automation market, offering an even more comprehensive solution to its clients.

Comments from Leadership

Steve Lucas, the Chairman and CEO of Boomi, expressed the significance of this acquisition, stating, "This marks a pivotal moment for Boomi as we enhance our platform to meet the evolving data management requirements of businesses in an era driven by data and AI. The expertise and dedication of Carlsquare throughout this process were key to our success, as their profound knowledge of the data and automation industries positioned them as true champions for our undertaking."

Additionally, Susan Blanco, Managing Partner at Carlsquare, shared her perspective on the deal, noting, "Boomi's acquisition of Rivery underscores the increasing necessity for advanced data integration solutions in today's business landscape. We are proud to have achieved an exceptional outcome for Boomi and its stakeholders as they persist in leading the charge in intelligent integration and automation."

About Boomi

Boomi operates as a leader in intelligent integration and automation, dedicated to aiding organizations worldwide in streamlining their essential processes for quicker business outcomes. Its comprehensive Boomi Enterprise Platform adopts advanced AI capabilities to connect disparate systems seamlessly while managing data flows effectively through services like API management, integration, and data orchestration—all in one unified solution. For further details, you can visit their website at www.boomi.com.

About Carlsquare

Carlsquare is a global technology investment bank, boasting over 20 years of experience in providing advisory services to companies and their stakeholders regarding mergers and acquisitions, capital markets, and strategic matters. With more than 170 bankers positioned across eight countries, Carlsquare facilitates unparalleled access to investors, private equity partners, and strategic buyers, empowering companies to thrive in a competitive marketplace. More information can be found at www.carlsquare.com.