© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Lazard Advises Planview’s Acquisition of Troux
Posted 24th June 2015

Lazard Advises Planview’s Acquisition of Troux

Lazard Advises Planview's Acquisition of Troux

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Lazard Advises Planview’s Acquisition of Troux

Lazard Advises Planview’s Acquisition of Troux

View Biography
Image

Financial Advisor to Troux

Planview® has acquired Troux™ to advance the company’s IT portfolio management offering and enable CIOs and other IT leaders to effectively manage the strategy and business of IT.

Bringing together Planview and Troux represents the industry’s first combination of market leading Project Portfolio Management (PPM) and Enterprise Architecture (EA) solutions. Together, these solutions provide IT leaders with a comprehensive approach that integrates strategic planning and execution with complete insight into architecture and technology.

Today’s IT organizations are under pressure given the escalating dynamics of the digital business economy. IT leaders continuously need to optimize all of their resources – people, finances, applications, services, products and technology. As a result, Enterprise Architects are transforming into champions of business outcomes, orchestrating technology and business model change through roadmaps and managing application and service portfolios.

Similarly, the role of project management offices (PMOs) is transitioning to focus on continuous portfolio planning to adjust priorities and ensure resources and work are delivering the most value to internal and external customers. As the Enterprise Architect and PMO roles evolve, there is an increased need to manage one IT portfolio that optimizes resources across strategy, execution and architecture.

“The traditional goal of IT alignment with the business is simply not good enough in today’s technology-driven economy,” said Gregory S. Gilmore, CEO of Planview. “Driving innovation and accelerating strategic and business outcomes must be the charter for IT. With Troux as part of Planview, we are taking portfolio management to the next level by giving IT leaders a way to manage one integrated portfolio that optimizes their resources for maximum business impact.”

With the acquisition of Troux, the newly combined entity creates a $150 million global company with close to 600 employees and more than 1000 enterprise customers. The Planview product line now spans project collaboration, resource and portfolio management, and enterprise architecture solutions.

“Joining Planview sets the stage for the next chapter for Troux and its customers,” said David Hood, CEO of Troux. “Planview is the right partner to take Troux forward. Our solutions are perfect complements and will provide a great combination for today’s IT leaders who are looking to integrate planning, execution, and architecture.”

By acquiring Troux, Planview continues its transformation as a provider of solutions to the enterprise, mid-sized organizations and teams. The company’s acquisition of Projectplace in 2014 brought to life its “No Matter How You Work” approach, which combines resource and portfolio management with project collaboration solutions to help IT and Lines of Business understand how their resources are being used across the organization.

Categories: Legal, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
How to Have Effective Settlement Discussions with an Employee
News
16/12/2024How to Have Effective Settlement Discussions with an Employee

If the relationship between an employee and an employer breaks down, a dispute may arise; this dispute may give rise to employment-related claims and this, in turn, may cause the employer and the employee to have settlement discussions with a view to agreeing

Read Full PostRead - Eye Icon
Transcosmos Acquires Merlin to Accelerate European and US BPO/Call Centre Business
M&A
26/04/2016Transcosmos Acquires Merlin to Accelerate European and US BPO/Call Centre Business

transcosmos inc. and Merlin Information Systems Group Limited (Headquarters: Milton Keynes, United Kingdom; CEO: Richard Patterson; hereafter, Merlin), a British BPO company, have agreed for transcosmos to increase its investment and acquire 85% of the compani

Read Full PostRead - Eye Icon
Closure of Polaris Private Equity IV at €300m
Finance
12/03/2015Closure of Polaris Private Equity IV at €300m

Polaris Private Equity (“Polaris”), the leading Danish/Swedish lower mid-market private equity investor, is pleased to announce that it has successfully completed a first closing of its fourth private equity fund – Polaris Private Equity IV – at DKK 2.

Read Full PostRead - Eye Icon
Jack Of All Trades
Innovation
30/04/2021Jack Of All Trades

Jacksoft Commerce Automation is a pioneering firm of Regtech and Computer Auditing Experts situated in Taipei, Taiwan. Specialists in IT and auditing services for businesses of all shapes and sizes, Jacksoft provides market-leading automated solutions and worl

Read Full PostRead - Eye Icon
HighTower Acquires $500 Million RIA in Beverly Hills
Finance
07/07/2016HighTower Acquires $500 Million RIA in Beverly Hills

HighTower announces that Acacia Wealth Advisors, a boutique multi-family office in Los Angeles overseeing more than $500 million in assets, has joined the firm.

Read Full PostRead - Eye Icon
Thanks for Voting
Strategy
24/11/2015Thanks for Voting

Thanks for Voting

Read Full PostRead - Eye Icon
PatentAxis Inc. ‘Best Patent Services Firm – Canada’
Finance
12/06/2015PatentAxis Inc. ‘Best Patent Services Firm – Canada’

PatentAxis Inc. is a Canadian patent services firm located in downtown Toronto, Ontario, Canada.

Read Full PostRead - Eye Icon
A Long-Term Investor
Finance
05/12/2016A Long-Term Investor

Perceva is a Paris-based independent private equity firm, focusing on companies facing challenges.

Read Full PostRead - Eye Icon
Investors Urged to Invest Overseas to Mitigate Risks Posed by UKIP Gains
Finance
23/02/2015Investors Urged to Invest Overseas to Mitigate Risks Posed by UKIP Gains

Investors need to take precautions against a fall in the value of UK assets, which may be triggered by UKIP gains at the polls.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow