Technology

Blackstone and Vista Equity Partners complete $8.4bn take-private buyout of work management platform Smartsheet

According to the terms of the deal, Smartsheet stockholders will receive $56.50 in cash for each share of Smartsheet common stock they owned immediately prior to the closing.

-
  • Smartsheet is no longer trading on the New York Stock Exchange following the closing
  • Blackstone has more than $1.1 trillion in assets under management
  • Vista invests in enterprise software, data and technology-enabled organizations

Blackstone and Vista Equity Partners have completed an $8.4 billion take-private buyout of Smartsheet, a Bellevue, Washington-based modern enterprise work management platform.

Share this