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Vista, Blackstone To Take Smartsheet Private In $8.4 Billion Deal

Summary by IBTimes
Vista and Blackstone are set to acquire Smartsheet for $8.4 billion in cash.

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IBTimesIBTimes

Vista, Blackstone To Take Smartsheet Private In $8.4 Billion Deal

Vista and Blackstone are set to acquire Smartsheet for $8.4 billion in cash.

·United States
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IBTimes AustraliaIBTimes Australia

Vista, Blackstone To Buy Software Firm Smartsheet For $8.4 Billion

Vista and Blackstone are set to acquire Smartsheet for $8.4 billion in cash.

·Australia
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SiliconANGLESiliconANGLE

Work management software provider Smartsheet to be taken private in $8.4B deal - SiliconANGLE

Smartsheet Inc., a company with a popular work management platform of the same name, today announced that it has agreed to be acquired by Blackstone and Vista Equity Partners in a $8.4 billion deal. The software maker’s investors are set to receive $56.50 in cash for each of their shares. That represents a 41% premium […] The post Work management software provider Smartsheet to be taken private in $8.4B deal appeared first on SiliconANGLE.

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Tech MonitorTech Monitor

Blackstone, Vista to acquire enterprise work management platform Smartsheet in $8.4bn deal

Blackstone and Vista Equity to acquire modern enterprise work management platform Smartsheet in deal valued at nearly $8.4bn.

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hedgeco.nethedgeco.net

Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion | Hedge Fund News From HedgeCo.Net

(CNBC) Collaboration software maker Smartsheet on Tuesday announced Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price over the last three months. To read this article:

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thedailyupside.comthedailyupside.com

Blackstone and Vista to Take Workplace Software-Maker Smartsheet Private for $8.4 Billion

With $1 trillion in assets under management, Blackstone probably deals with more spreadsheets in a day than most people see in a lifetime. Soon, the private equity giant will own the software they run on over both the lifetime of this generation’s employees and the next. The firm announced Tuesday that it partnered with fellow buyout expert Vista Equity Partners to take workplace software company Smartsheet private for $8.4 billion. Terms of Ind…

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