airfocus Acquired by Lucid Software
Deal News | Apr 03, 2025 | Nauta Capital
Lucid Software has acquired airfocus, a portfolio company of Nauta Capital, to enhance its product management and roadmapping capabilities. This strategic acquisition aims to bolster Lucid's offerings in visual collaboration and work acceleration, primarily for product teams. The acquisition will integrate airfocus' flexible and modular platform with Lucid's products, allowing product managers and strategy leaders to transition seamlessly between brainstorming, planning, and execution. Lucid, known for tools like Lucidspark and Lucidchart, plans to improve product team efficiency and strategic alignment through integrated solutions with platforms like Jira and Azure DevOps. This acquisition marks a significant milestone for airfocus, enabling it to continue its growth and innovation under Lucid's umbrella.
Sectors
- Software
- Private Equity
Geography
- Global – Lucid Software and airfocus serve a global customer base, and their solutions are utilized by enterprises worldwide.
Industry
- Software – Both Lucid Software and airfocus operate within the software industry, providing platforms that enhance collaboration, planning, and execution in product management.
- Private Equity – Nauta Capital's involvement as an investor in airfocus highlights the role of private equity in growing and exiting technology-driven companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lucid Software | Bidding Company | Company | Lucid Software is a leader in visual collaboration and work acceleration, known for products like Lucidspark and Lucidchart. |
| airfocus | Target company | Company | airfocus is a Nauta portfolio company providing an AI-powered product management and roadmapping platform. |
| Nauta Capital | Investor | PE Firm | A private equity firm that invested in airfocus and supports innovative technology companies. |
| XAnge | Investor | Company | XAnge is one of the investors backing airfocus, supporting its growth and development. |
| Malte Scholz | CEO and co-founder | Person | Malte Scholz is the CEO and co-founder of airfocus, focusing on solving product management challenges. |
| Dave Grow | CEO | Person | Dave Grow is the CEO of Lucid Software, dedicated to expanding the company's offerings in collaboration and work acceleration. |