Blackstone and Vista Equity Partners to acquire software maker Smartsheet

Blackstone and Vista Equity Partners to acquire software maker Smartsheet

Smartsheet CEO Mark Mader. Source: Smartsheet Collaboration software maker Smartsheet announced Tuesday 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. The company had been gauging … Read more