Smartsheet Set to Be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion
Smartsheet, a leading work management platform, is set to be acquired by Blackstone and Vista Equity Partners in an $8.4 billion deal. This acquisition emphasizes the increasing demand for technology-driven solutions that enhance productivity and collaboration in businesses. With the support of these investment firms, Smartsheet aims to accelerate growth, innovate its platform, and improve customer experience, positioning itself as a leader in the evolving work management landscape.
Blackstone’s $10 Billion Bet on AI Revolution with QTS Takeover
Blackstone Inc., the world’s largest private equity firm, is making a significant bet on the AI revolution with its $10 billion takeover of data center operator QTS in 2021. The company is fueling rapid growth at one of the top…
Private-Equity Firms Compete to Acquire DocuSign Inc.
DocuSign Inc.’s stock surged 10% late Thursday following a report that private-equity firms Bain Capital and Hellman & Friedman are competing to acquire the provider of online-signature services. The firms are among the final bidders for DocuSign, according to a…