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POTENTIAL DEAL DETAILS
| Stock | Smartsheet Inc. | Symbol | SMAR |
| Date Announced | 07/18/2024 | Source | Reuters |
| Type | News Report |
According to Reuters, Smartsheet (SMAR), a U.S. maker of workplace collaboration software with a market value of $6.6 billion, has tapped investment bankers after attracting acquisition interest from buyout firms.
The Bellevue, Washington-based company is working with Qatalyst Partners to review approaches from private equity firms. Smartsheet has not decided whether it should launch a sale process and it may opt to stay independent.
Smartsheet Inc. Investor Relations
Update(s):
September 5, 2024: Reuters reported that a private equity consortium, including Vista Equity Partners and Blackstone (BX), is in talks to acquire Smartsheet (SMAR).
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.