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Vista, Blackstone to buy Smartsheet for $8.4 billion
Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash
Vista Equity Partners and Blackstone have agreed to acquire software-as-a-service workplace collaboration platform Smartsheet for $8.4 billion in cash.
Smartsheet to go private in $8.4 billion deal with Vista Equity Partners and Blackstone
The announcement follows multiple reports over the past several months from Reuters about a potential deal. The company’s stock price has risen more than 30% since June. Shares of Smartsheet were up more than 6% in early trading Tuesday.
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for approximately $8.4 billion in cash. Vista and Blackstone said Tuesday that they will pay $56.50 per Smartsheet Inc.
3d
Black Billionaire Robert F. Smith Joins Partnership To Acquire Smartsheet For Nearly $8.4B
Smartsheet is a work management platform used by companies worldwide, including many 2024 Fortune 500 companies.
6d
This NYC Hedge Fund Will Reap A $90 Million Profit In The $8.4 Billion Smartsheet Deal
Eminence Capital scores another acquisition related windfall with Vista Equity Partners and Blackstone's purchase of ...
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