Shearman And Sterling

News March 28, 2018

Salesforce Acquires MuleSoft

Shearman & Sterling advised Bank of America Merrill Lynch as exclusive financial advisor to Salesforce in connection with its agreement to acquire MuleSoft for approximately $6.5 billion. 

The consideration will comprise $36.00 in cash and 0.0711 shares of Salesforce common stock for each MuleSoft share. Salesforce expects to fund the consideration with cash from its balance sheet and approximately $3 billion from a combination of term loans and/or the issuance of debt securities.

Salesforce’s acquisition of MuleSoft will accelerate customers' digital transformations, enabling them to unlock data across legacy systems, cloud apps and devices to make smarter, faster decisions and create highly differentiated, connected customer experiences.

The Team