SCHEDULE: Insight Partners Exits E2open Holdings

Insight Partners entities report cessation of beneficial ownership in E2open Parent Holdings, Inc. following its acquisition by WiseTech Global Limited for $3.30 per share.

Summary

• This is Amendment No. 4 to the Schedule 13D filed by Insight Partners entities regarding their ownership in E2open Parent Holdings, Inc.
• The filing reports the completion of the merger where E2open Parent Holdings, Inc. was acquired by WiseTech Global Limited.
• The merger involved Company Merger Sub merging into E2open and Holdings Merger Sub merging into E2open Holdings, LLC.
• E2open Parent Holdings, Inc. is now a wholly-owned subsidiary of WiseTech Global Limited.
• As a result of the merger, the reporting persons' Class A Common Stock was cancelled and converted into the right to receive $3.30 per share in cash.
• The reporting persons, including Insight E2open Aggregator, LLC and various Insight Venture Partners funds, no longer beneficially own any shares of E2open Parent Holdings, Inc.

Sentiment

Score: 8

Explanation: The filing confirms the successful completion of the merger, allowing the reporting persons to exit their investment in E2open Parent Holdings, Inc. by converting their shares into cash at $3.30 per share. This represents a clear and final realization of their investment.

Positives

• Reporting persons received $3.30 per share in cash for their Class A Common Stock.
• The successful completion of the merger provides a clear exit for the reporting persons' investment in E2open.

Negatives

• Reporting persons no longer hold any equity interest in E2open Parent Holdings, Inc.

Future Outlook

The filing does not provide any forward-looking statements or guidance, as it reports a completed transaction.

Industry Context

This filing details the completion of an acquisition in the enterprise software sector, specifically involving a supply chain software provider (E2open) being acquired by a logistics software company (WiseTech Global). Such consolidations are common in mature technology sectors as companies seek to expand market share, integrate complementary technologies, and achieve synergies.

Comparison to Industry Standards

• This filing reports a specific transaction outcome for a particular investor group and does not provide financial or operational results that can be directly compared to industry benchmarks or specific comparable companies. The $3.30 per share cash consideration is the specific outcome of this merger for the reporting persons.

Stakeholder Impact

• Shareholders (Reporting Persons): Received $3.30 per share in cash, ceasing their beneficial ownership.
• Shareholders (Other E2open Class A Common Stock holders): Their shares were also converted into the right to receive $3.30 per share in cash.
• E2open Parent Holdings, Inc.: Became a wholly-owned subsidiary of WiseTech Global Limited, indicating a change in corporate control and ownership structure.

Key Dates

Keywords

E2open Parent Holdings, WiseTech Global, Merger, Acquisition, Schedule 13D, Insight Partners, Common Stock, Beneficial Ownership, Delaware Corporation