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Tuesday, September 24, 2024
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HomeTechPE firms Vista, Blackstone to buy software maker Smartsheet for $8.4 billion

PE firms Vista, Blackstone to buy software maker Smartsheet for $8.4 billion

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(Reuters) – Private equity firms Vista Equity Partners and Blackstone will buy collaboration-software maker Smartsheet for $8.4 billion, the companies said on Tuesday.

The deal values each share of Smartsheet at $56.50.

(Reporting by Rishi Kant in Bengaluru; Editing by Tasim Zahid)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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