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Blackstone

Blue Owl leads private debt deal for Smartsheet acquisition

(Bloomberg) — Blue Owl Capital Inc. led $3.2 billion in private debt financing to back Blackstone Inc. and Vista Equity Partners’ acquisition of software company Smartsheet Inc., with 20 other lenders participating, according to a person familiar with the matter….

Blackstone and Vista close $8.4 billion deal to acquire Smartsheet

(Bloomberg) — Blackstone Inc. and Vista Equity Partners have agreed to acquire software provider Smartsheet Inc. for about $8.4 billion in one of the largest privatization deals of the year. Most read by Bloomberg The buyout firms will pay $56.50…

Vista and Blackstone buy software manufacturer Smartsheet for around $8.4 billion

Private equity firms Vista Equity Partners and Blackstone are buying software maker Smartsheet for around $8.4 billion in cash. Vista and Blackstone said Tuesday they will pay $56.50 per Smartsheet Inc. share. The agreement includes a 45-day “go-shop” period during…

This New York-based hedge fund will make a profit of $90 million on the $8.4 billion Smartsheet deal

Ricky Sandler, founder of hedge fund Eminence Capital, at the 2014 Allen & Company Sun Valley Conference. (Photo by Scott Olson/Getty Images) Getty Images Smartsheet, an enterprise work management software platform, announced Tuesday that it is being acquired by Blackstone…

Vista and Blackstone improve credit terms for Smartsheet acquisition

(Bloomberg) — Vista Equity Partners and Blackstone Inc. have made several concessions to a group of private lenders backing their $8.4 billion acquisition of software maker Smartsheet Inc., people familiar with the matter said. Most read by Bloomberg The buyout…

Vista and Blackstone buy Smartsheet for $8.4 billion in one of the biggest acquisition deals of the year

(Reuters) – Buyout firms Vista Equity Partners and Blackstone will acquire collaboration software maker Smartsheet for $8.4 billion in one of the largest privatization transactions this year, the companies said on Tuesday. Vista and Blackstone offered $56.50 in cash for…

NFL private equity prospects have very different sports activities

This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get the newsletter delivered straight to your inbox. In less than a week, NFL owners will likely vote on whether to allow private equity firms to…

Blackstone invests in hotel technology and plans “many more” deals

Take Skift There are numerous opportunities for strategic growth investments in the travel technology sector and Blackstone wants to be part of it. Justin Dawes Blackstone announced Thursday that it plans to acquire a majority stake in hotel accounting technology…