On May 27, 2025, Informatica announced a definitive agreement to be acquired by Salesforce in an all-cash transaction valued at approximately US$8 billion (around C$10.9 billion), net of Salesforce’s current investment in the company. Canada Pension Plan Investment Board (CPP Investments), a significant investor in Informatica since 2015 when it partnered with Permira to take the company private, supports the deal. The transaction is expected to generate US$2.7 billion (approximately C$3.7 billion) in net proceeds for CPP Investments. Informatica went public in October 2021 on the NYSE under the symbol INFA. Salesforce will acquire all outstanding shares of Informatica's Class A and Class B-1 common stock for US$25 in cash per share. The transaction remains subject to customary closing conditions, including regulatory approvals.

J.P. Morgan Securities LLC is serving as financial advisor to Salesforce, with Wachtell, Lipton, Rosen & Katz and Morrison & Foerster LLP acting as legal counsel. Goldman Sachs & Co. LLC is Informatica’s exclusive financial advisor, while Latham & Watkins LLP and Fenwick & West LLP are serving as its legal counsel. CPP Investments’ Managing Director and Head of Direct Private Equity, Sam Blaichman, highlighted Informatica’s transformation into an AI-powered cloud data leader and expressed confidence in its future under Salesforce. As of March 31, 2025, CPP Investments’ Private Equity department held net assets of approximately C$146.5 billion.