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InsideArbitrage Potential Deal Alert: Alteryx (AYX) Explores Sale

  • September 6, 2023

POTENTIAL DEAL DETAILS

StockAlteryx, Inc.SymbolAYX
Date Announced09/06/2023Source Reuters
TypeNews Report
Date of Confirmation: 12/18/2023Price at Confirmation: $47.11
Potential Profit: 36.23%Annualized Profit: 128.40%

According to Reuters, Alteryx (AYX), a data analytics software company with a market value of $2.5 billion, has been working with investment bank Qatalyst Partners to explore a potential sale after attracting takeover interest.

Update(s):

December 14, 2023:  A private equity consortium led by Insight Partners and Clearlake Capital Group is in advanced talks to take data analytics software company Alteryx (AYX) private for around $5 billion, including debt.

December 18, 2023: A consortium backed by Insight Partners and Clearlake Capital agreed to acquire Alteryx (AYX) for $4.4 billion, including debt.

Alteryx Inc. Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.