On the Record · LogMeIn
LogMeIn acquisitions, on the record
The businesses LogMeIn bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
GoTo family of service offerings (GoTo Business) from a wholly–owned subsidiary of Citrix Systems, Inc.Word for word“On January 31, 2017, we completed our acquisition of the GoTo family of service offerings, or the GoTo Business, from a wholly–owned subsidiary of Citrix Systems, Inc., or Citrix, via a Reverse Morris Trust transaction, which we refer to herein as the Merger.” 10-K for 2017 | acquisition | January 31, 2017 | — |
Jive Communications, Inc.Word for word“We expect to pay $342 million in cash upon close for all outstanding equity interests in Jive, subject to potential working capital and other adjustments as further described in the Jive Merger Agreement.” 10-K for 2017 | agreed acquisition | — | — |
Xively businessWord for word“On February 9, 2018, we entered into an agreement to sell our Xively business for approximately $50 million.” 10-K for 2017 | agreed divestiture | February 9, 2018 | approximately $50 million |
GoTo family of service offerings (the GoTo Business) from Citrix Systems, Inc.Word for word“In January 2017, we completed our acquisition of the GoTo family of service offerings, or the GoTo Business, from a wholly–owned subsidiary of Citrix Systems, Inc., or Citrix, via a Reverse Morris Trust transaction, which we refer to herein as the GoTo Merger.” 10-K for 2019 | acquisition | January 2017 | — |
Logan Parent, LLC and Logan Merger Sub, Inc. (controlled by Francisco Partners and Evergreen Coast Capital Corp.)Word for word“Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each share of LogMeIn common stock that is issued and outstanding immediately prior to the effective time of the Merger (other than shares to be cancelled pursuant to the Merger Agreement or shares of common stock held by holders who have made a valid demand for appraisal in accordance with Section 262 of the Delaware General Corporation Law), shall be automatically converted into the right to receive $86.05 in cash, without interest.” 10-K for 2019 | merger | — | $86.05 in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $6.1 million | — |
| 2017-12-31 | $22.3 million | — |
| 2018-12-31 | $342.1 million | — |
| 2019-12-31 | $22.5 million | $11.8 million |
Deal filings since 2016
- 2020-08-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-04-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-23 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from LogMeIn’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.