Smartsheet - M&A Summary and Business Overview

Internet Software And ServicesCompany

Smartsheet M&A Summary

Smartsheet has acquired 4 companies, including 3 in the last 5 years. A total of 1 acquisition came from private equity firms.

Smartsheet’s largest acquisition to date was in 2020, when it acquired Brandfolder for $155M. Smartsheet has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include internet software and services (50%) and information technology (25%).

Smartsheet Business Overview

Where is Smartsheet headquartered?

Smartsheet is headquartered in Bellevue, Washington.

What is Smartsheet’s revenue?

Smartsheet disclosed revenue of 551M USD for 2022 and 386M USD for 2021.

How many employees does Smartsheet have?

Smartsheet has 3,261 employees.

What sector is Smartsheet in?

Smartsheet is an internet software and services company.

When was Smartsheet founded?

Smartsheet was founded in 2005.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

Smartsheet

Smartsheet Inc.

10500 NE 8th Street Suite 1300,
Bellevue, Washington 98004
United States,
(844) 324-2360
www.smartsheet.com

Smartsheet is a major SaaS platform for managing and automating collaborative work. Our award-winning solutions deliver value for tens of thousands of paying customers and millions of information workers across more than 190 countries. Recently named to the Forbes Cloud 100 list of the world’s best cloud companies, customers like Netflix, Salesforce, the GSA, Google, and over half of the Fortune 500 use Smartsheet internally, with clients, and partners. Smartsheet is headquartered in Bellevue, Washington and, as of May 2017, has more than 550 employees in its Bellevue and Boston offices. Smartsheet was founded in 2005 and is based in Bellevue, Washington.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 2 1 - 1 - - 4
vol $155M $155M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
On Brand Investments Pty Ltd. 2022-09-01 - Add-on Acquisition
Brisbane, Australia · www.outfit.io
Brandfolder, Inc. 2020-08-24 155M USD Add-on Acquisition
Denver, Colorado · www.brandfolder.com
TernPro, Inc. 2019-01-15 - Add-on Acquisition
Seattle, Washington · www.ternpro.com
Converse.AI, Inc. 2018-01-16 - Add-on Acquisition
San Francisco, California · www.converse.ai
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (50%) 155M (100%) - -
Information Technology 1 (25%) - - -
Marketing 1 (25%) - - -
Total 4 $155M - -

By Geo

State/Country Buy Value Sell Value
United States 3 155M - -
  Washington 1 - - -
  Colorado 1 155M - -
  California 1 - - -
Australia 1 - - -
Domestic 3 (75%) 155M (100%) - -
Cross-border 1 (25%) - - -
Total 4 $155M - -

Deal Values

buy # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Brandfolder, Inc.
$155M (2020-08-24)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)

Company Summary

SECTOR

Internet Software and Services

Revenue

551   43% 2022
386   43% 2021
271   53% 2020
178   61% 2019
111   2018
(millions of USD) Show More Show Less

Employees

3,261

Established

2005

Public

NYSE: SMAR

Former Name

Smartsheet.com, Inc.

 Subscribe to unlock this and 201,888
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Smartsheet

Washington Companies , Internet Software and Services Companies , United States Companies , Washington Internet Software and Services Companies , Washington Internet Software and Services with Acquisitions , Washington Internet Software and Services with Divestitures

Related Lists for Washington Companies

Largest Washington Companies , Acquisitive Washington Companies , Recently Acquired Washington Companies , Recently Sold Washington Companies , Private Washington Companies , Public Washington Companies , Acquired Washington Companies , PE Backed Washington Companies

Related Lists for Internet Software and Services Companies

Largest Internet Software and Services Companies , Acquisitive Internet Software and Services Companies , Recently Acquired Internet Software and Services Companies , Recently Sold Internet Software and Services Companies , Private Internet Software and Services Companies , Public Internet Software and Services Companies , Acquired Internet Software and Services Companies , PE Backed Internet Software and Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal