Blackstone, Smartsheet and Vista Equity Partners
Smartsheet to go private in $8.4 billion deal with Vista Equity Partners and Blackstone
Smartsheet announced Tuesday that it agreed to be acquired by private equity companies Blackstone and Vista Equity Partners in deal valued at $8.4 billion. The acquisition will make Smartsheet a private company again, six years after the Bellevue, Wash.-based enterprise software company went public.
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.
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Blackstone and Vista Equity Partners are acquiring software maker Smartsheet for $8.4 billion in cash, or $56.50 per share; the deal is expected to close in Smartsheet's fiscal fourth quarter.
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’s stock rallies on $8.4 billion purchase by Blackstone and Vista
Smartsheet Inc.’s stock rallied 6% Tuesday after the workplace-management software company agreed to be taken private by Blackstone Inc. and Vista Equity Partners for $8.4 billion, or $56.50 per share.
Blackstone, Vista Reach $8.4 Billion Deal to Buy Smartsheet
Blackstone Inc. and Vista Equity Partners have agreed to acquire software provider Smartsheet Inc. for about $8.4 billion in one of the year’s largest take-private deals.
Hold Rating Maintained Amid Smartsheet’s $8.4 Billion Acquisition by Blackstone and Vista
Smartsheet (SMAR – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Taylor
Collaboration Software Firm Smartsheet to Be Acquired by Blackstone and Vista in $8.4 Billion Deal
Collaboration software firm Smartsheet announced that Blackstone and Vista Equity Partners will acquire it in an all-cash deal valued at over $8 billion. Shareholders will receive over $56 per share,
Billionaire Robert F. Smith’s Vista Equity Partners Joins Blackstone To Acquire Enterprise Platform Smartsheet For Nearly $8.4B
Robert F. Smith’s Vista Equity Partners has signed off on a multi-billion-dollar deal. According to a news release, the private equity firm that has more than $100 billion in assets under management,
Vista, Blackstone To Buy Software Firm Smartsheet For $8.4 Billion
Vista Equity Partners and Blackstone agreed to acquire software maker Smartsheet for about $8.4 billion in cash. Vista and Blackstone on Tuesday stated that they will be buying Smartsheet for $56.50 per share,
Smartsheet acquisition: Competing bids unlikely; $8.4B deal could fuel other private equity buyouts
Smartsheet is allowed to solicit other potential acquirers after announcing a $8.4 billion buyout deal with Blackstone and ...
Private-Equity Deal for Smartsheet Could Signal a Rebound in Software Buyouts
The deal with Blackstone and Vista Equity Partners values the work-management software provider at about $8.4 billion.
Smartsheet could see competing bids, though unlikely - analysts
Analysts predict competing bids for Smartsheet after $8.4 billion sale to private equity firms, with potential interest from ...
Smartsheet Acquisition Valuation and Competitive Outlook: A Hold Recommendation
Citi analyst Steve Enders downgraded the rating on Smartsheet (SMAR – Research Report) to a Hold today, setting a price target of $56.50.
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 ...
Smartsheet to go private in $8.4 billion private equity deal
Austin, Texas-based Vista Equity, meanwhile, has more than $100 billion in assets under management. The firm in 2022 acquired ...
Fintel on MSN1d
Citigroup Downgrades Smartsheet (SMAR)
Fintel reports that on September 27, 2024, Citigroup downgraded their outlook for Smartsheet (NYSE:SMAR) from Buy to Neutral.