EngageSmart Agrees To Be Purchased by Vista Equity Partners For $4.0B; Shares Of EngageSmart To Be Acquired For $23.00 Per Share In Cash
Portfolio Pulse from Benzinga Newsdesk
EngageSmart has agreed to be acquired by Vista Equity Partners for $4.0 billion. The shares of EngageSmart will be purchased for $23.00 per share in cash.
October 23, 2023 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
EngageSmart's shares are to be acquired for $23.00 per share in cash by Vista Equity Partners.
The acquisition of EngageSmart by Vista Equity Partners at $23.00 per share in cash is a direct and significant event for the company. This could potentially lead to a short-term increase in the stock price as shareholders may see this as a positive development.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100