Vista Equity Partners, Blackstone Close to $8B Buyout Deal for Smartsheet, Reuters Reports

Dow Jones
17 Sep 2024
 

--Vista Equity Partners and Blackstone are in advanced talks to acquire work management platform company Smartsheet in a deal that could be worth close to $8 billion, Reuters reports, citing people familiar with the matter.

--The private-equity firms are discussing an offer of around $56 per Smartsheet share, Reuters reports, noting that the deal could be signed in the coming weeks.

 

Full article at https://www.reuters.com/markets/deals/vista-blackstone-nearing-8-billion-deal-buy-smartsheet-sources-say-2024-09-16/

 

Write to (sabela.ojea@wsj.com; @sabelaojeaguix)

 

(END) Dow Jones Newswires

September 16, 2024 15:06 ET (19:06 GMT)

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