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

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 publicly-traded Smartsheet’s shares at a 41% premium over its 90-day average closing share price. Should regulators and shareholders approve it, shareholders would receive $56.50 per […] © 2024 TechCrunch. All rights reserved. For personal use only.

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