Capstone Partners Provided Transaction Advisory and Valuation Services to ALM Works During Sale to Tempo Software

Capstone Partners’ Financial Advisory Services (FAS) group provided Transaction Advisory and Valuation Services to ALM Works during its acquisition by Tempo Software.

Founded in St. Petersburg, Russia, in 2004, ALM Works opened a new worldwide headquarters in Boston, Massachusetts, in 2016 to support its continued growth as a leading developer of software application lifecycle management products and software development processes, including its premier product, the Structure for Jira software suite.

We were happy to have Capstone Partners provide the skills, knowledge, and timely effort to move the transaction forward. They provided the necessary coordination, key financial advice, and insights that were crucial for the successful consummation of the deal.

Igor SeredaPresident and General Manager, ALM Works

“We were exceptionally pleased to have been selected to help ALM Works through this transaction with diligence and valuation services, as well as additional financial advisory support,” said Jack Bradley, a Managing Director in Capstone’s FAS group. “It’s always a privilege to be part of the team that helps two thriving businesses combine to pursue even greater growth together.”

Headquartered in Boston, Massachusetts, and with offices in Reykjavik, Iceland, and Montreal, Canada, Tempo Software is one of the largest and most successful companies in the Atlassian ecosystem. The acquisition of ALM Works will provide the first suite of purpose-built program management apps to meet project, program, and portfolio management needs for over 70 million users within the Atlassian Ecosystem.