German IT company LeanIX has announced the acquisition of San Francisco-based SaaS Management startup Cleanshelf Inc. As part of the acquisition, LeanIX will integrate Cleanshelf’s software solution as a strategic extension to its product portfolio and will further invest in product development and in the expansion of the existing engineering and product team based in Ljubljana.

Cleanshelf founder and CEO Dusan Omercevic will drive product development in SaaS management as LeanIX VP Product SaaS Intelligence and Managing Director Slovenia.

He will also lead the Slovenian office in Ljubljana, which employs a large part of the previous Cleanshelf development team.

Cleanshelf investor Dawn Capital becomes a new shareholder in LeanIX. This comes only nine months after an $80 million Series D funding of LeanIX led by Goldman Sachs, and with participation from Insight Partners and DTCP (Deutsche Telekom Capital Partners).

To implement the acquisition, Cleanshelf was supported by GP Bullhound as exclusive financial advisor. PwC and Mintz acted as legal advisors to LeanIX.

Starting May 1, Cleanshelf’s technology will be available as a new product called “LeanIX SaaS Intelligence” and will primarily support CIOs, CFOs, IT procurement, IT managers and IT security teams in managing all SaaS applications in the company. Enterprise architects will have the SaaS discovery and cataloging functionality available as a free component of the LeanIX Application Portfolio Management module in Q2 2021.

LeanIX is not only expanding its Continuous Transformation Platform with the Cleanshelf acquisition. The company also introduced its newly developed offering for CTOs and product IT teams – Microservice Intelligence.

With Microservice Intelligence, LeanIX enters the fast-growing DevOps space and offers reliable transparency on all microservices, its owners and dependencies with the automated cataloging of microservices.

You may also like