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A private equity consortium, including Vista Equity Partners and Blackstone ($BX), is reportedly in talks to acquire Smartsheet ($SMAR), a U.S. maker of workplace collaboration software. The potential deal could value Smartsheet at approximately $7 billion. The discussions have been confirmed by multiple sources, including Reuters.
Vista and Blackstone in talks to acquire software maker Smartsheet, sources say https://t.co/EuOMr7l4PU via โฆ@MilanaVinnโฉ @Reuters #PrivateEquity
A private equity consortium, including Vista Equity Partners and Blackstone, is in talks to acquire Smartsheet, a US maker of workplace collaboration software with a market value of about $7 billion, people familiar with the matter said https://t.co/vpEBITBy5i https://t.co/FUsuZRQM3T
After Vista filed its 13F on May 15, we ran an item on the 16th titled, "Eighty million reasons to pay Smartsheet more attention" That was way BEFORE Reuters reported SMAR was exploring its options. Folks, this was THE option all along. $SMAR https://t.co/Hf7E0U0iYO
