Smartsheet Work Management Platform Sells for $8.4 Billion
Portfolio Pulse from
Smartsheet, an AI-enhanced work management platform, has been sold for $8.4 billion to Blackstone and Vista Equity Partners, making it a private company.
January 22, 2025 | 6:45 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Smartsheet has been acquired for $8.4 billion by Blackstone and Vista Equity Partners, transitioning from a public to a private company.
The acquisition of Smartsheet for $8.4 billion by Blackstone and Vista Equity Partners means it will no longer be publicly traded. This is a significant event for SMAR shareholders as it impacts their holdings and the company's future operations.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100