M&A Deal Summary |
|
|---|---|
| Date | 2024-09-24 |
| Target | Smartsheet |
| Sector | Internet Software and Services |
| Buyer(s) |
The Blackstone Group
Vista Equity Partners |
| Deal Type | Going Private |
| Deal Value | 8.4B USD |
| Advisor(s) | Qatalyst Partners (Financial) Fenwick & West (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 394.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 341 of 362 |
| Sector: Internet Software and Services M&A | 24 of 24 |
| Type: Going Private M&A Deals | 38 of 41 |
| State: Washington M&A | 3 of 3 |
| Country: United States M&A | 214 of 230 |
| Year: 2024 M&A | 15 of 20 |
| Size (of disclosed) | 19 of 183 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-20 |
G6 Hospitality
Carrollton, Texas, United States G6 Hospitality owns, operates and franchises economy lodging locations under the Motel 6 brand and the Studio 6 Extended Stay brand. G6 Hospitality is based in Carrollton, Texas. |
Sell | $525M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-06 |
Retail Opportunity Investments
San Diego, California, United States Retail Opportunity Investments is a fully integrated real estate company that intends to qualify as a REIT for U.S. federal income tax purposes. The company is focused on acquiring, owning, leasing, repositioning, and managing a diverse portfolio of necessity-based retail properties, including primarily well-located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. Retail Opportunity Investments is based in San Diego, California. |
Buy | $4.0B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 100.0B USD |
| Size | Mega |
| Type | Sector Focused |
Vista Equity Partners is a mega-sized asset management firm focused on private equity, public equity, credit, and other strategies. The Firm's private equity group looks to invest in and acquire software and technology enabled services companies. Specific areas of interest include software, software-as-a-service (SaaS), technology-enabled business services, and technology-enabled information services. Vista can commit up to $700 million per transaction and will consider a variety transaction situations, including management/leveraged buyouts, growth or acquisition financings, recapitalizations or restructurings, spinouts, and take privates. Vista Equity Partners was formed in 2000 and is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 149 of 153 |
| Sector: Internet Software and Services M&A | 49 of 51 |
| Type: Going Private M&A Deals | 25 of 25 |
| State: Washington M&A | 3 of 4 |
| Country: United States M&A | 138 of 141 |
| Year: 2024 M&A | 7 of 7 |
| Size (of disclosed) | 3 of 33 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-23 |
Gnosis Freight
Charleston, South Carolina, United States Gnosis Freight provides supply chain visibility and execution software, made available through its proprietary Container Lifecycle Management (CLM) platform focused on the full lifecycle of your shipping containers. The company's global footprint encompasses a diverse customer base, including top cargo owners (BCOs), ocean carriers, forwarders, truckers, 3PLs, technology providers, and other critical supply chain partners utilizing CLM platform to achieve new levels of efficiency, cost savings, and collaboration within their supply chain. Gnosis Freight is based in Charleston, South Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-27 |
Khoros
Austin, Texas, United States Khoros provides a centralized, cloud-based platform for social media management and online community solutions, enabling brands to monitor and scale social marketing and social customer service. The Company’s solutions enable its clients to engage with their customers more efficiently and effectively across social networks, websites, and mobile devices. Khoros was formed in 2001 and is based in Austin, Texas. |
Sell | - |
