- Klaxoon, the provider of an all-in-one visual collaboration platform, entered into an offer agreement to be acquired by Wrike from Eurazeo, Bpifrance, and Sofiouest. Clipperton acted as sole financial advisor to Klaxoon and its shareholders.
- Wrike, a portfolio company of STG, is a leader in intelligent work management software.
- With this acquisition, Wrike will combine creative visual management with its intelligent work management platform, creating an impactful solution that allows companies to drive even more efficiency in their workflows.
Our Client
- Headquartered in Rennes, France, Klaxoon provides an all-in-one platform combining an infinite whiteboard and eight visual collaboration tools to help companies foster engagement at work and increase productivity
- Wrike equips more than 20,000 companies globally including organizations like Total, Accenture, and LVMH.
- Klaxoon has been continuously innovating with new product enhancements, developing its collaboration features, user interface, engagement metrics, and exclusive features tailored for enterprise clients, all designed to enhance usability and elevate the collaborative experience.
Deal Rationale
- Both Wrike and Klaxoon share a bold vision: a world where workplace collaboration is frictionless and fully integrated. With Wrike’s AI-enhanced work management capabilities and Klaxoon’s visual collaboration offerings, teams could transform ideas into action, easily create high-level project views, and turn results into engaging meetings. The combined platform would empower teams across industries — from manufacturing to professional services to high tech — to enable end-to-end workflows like product lifecycle, client service delivery, training programs, and campaign management.
- “We have built Klaxoon into one of the industry’s leading SaaS providers for enterprise customers through our focus on continuous innovation,” said Matthieu Beucher, founder and chairman of Klaxoon. “Wrike’s acquisition will provide Klaxoon with the global reach and backing to deliver even greater value to our customers, and we look forward to working with the Wrike team to drive the convergence of work management and visual collaboration.”
- The transaction is subject to customary regulatory approval. It is expected to close by the first quarter of 2025, after which Klaxoon will become part of Wrike’s operations and its platform will become an integral part of Wrike’s product suite.
Clipperton’s expertise in advising on cross-border M&A transactions
- This deal solidifies Clipperton’s role as a leading financial advisor for tech leaders, crafting transactions with international investors and strategic acquirers. Notably, this marks Clipperton’s 12th concluded cross-border deal this year.
Deal Team Clipperton
- Thibaut Revel, Managing Partner
- Nicolas von Bülow, Managing Partner
- Olivier Combaudou, Partner
- Karim Mekouar, Director
- Naomi Darko, Associate
- Grégoire Bonnet, Associate
About Clipperton
Clipperton is a leading pan-European investment bank dedicated to technology and growth companies, with offices in Paris, Berlin, Munich, London, and Amsterdam, and partnerships in the USA, China, Italy, and Spain. We provide strategic and financial advisory to entrepreneurs, corporates, and top-tier investors in Europe who are looking to execute strategic M&A, private equity, private placements, and debt financing transactions. Founded in 2003, we have completed over 400 deals with fast-growing technology start-ups, blue-chip corporates, and renowned financial investors.