Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash

Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration and management platform, for $8.4 billion in cash. The companies say that the deal values Smartsheet’s shares at a 41% premium over its 90-day average share price. Should regulators and shareholders approve it, shareholders would receive $56.50 per share in […]

© 2024 TechCrunch. All rights reserved. For personal use only.