Alteryx Signs Definitive Agreement to Be Acquired by Clearlake Capital Group and Insight Partners for $4.4 Billion

Date:

Share post:

The Analytics Cloud Platform company Alteryx, Inc. has announced that it has finalized an agreement to be acquired by global private equity firms Insight Partners and Clearlake Capital Group, L.P. (collectively, “Clearlake”) for a sum of $4.4 billion, including debt.

After the deal closes, Alteryx will be a privately held business. As per the terms of the agreement, each share of Alteryx Class A or Class B common stock that an investor owns will be paid $48.25 in cash.

The purchase price per share is 59% more than Alteryx’s undisturbed closing stock price on September 5, 2023—the final full trading day before news of a potential sale transaction leaked out.

Read More: Alteryx Enters into Definitive Agreement to Be Acquired by Clearlake Capital Group and Insight Partners for $4.4 Billion

TalkMartech Bureau
TalkMartech Bureau
TalkMarTech keeps marketing leaders updated with the newest technology innovations, disruptive tech initiatives, and the most relevant MarTech-stack updates and conversations across the globe.   ·.   ·

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Pixalate Introduces Supply Chain Object Post-Bid Verification & Pre-Bid Blocking Technology

Pixalate, the global market-leading ad fraud protection, privacy, and compliance analytics platform, has launched a new Supply Chain...

How is MadTech Changing the Future?

The blend of marketing and advertising tech has created a major effect. As consumers expect compelling and relevant...

Impel Integrates WhatsApp into Its AI-Powered Customer Lifecycle Management, Expanding Omnichannel Reach

Impel, a provider of AI-powered customer lifecycle management, has announced the global launch of WhatsApp as a communication...

PhotoShelter Announces New Integrations with CI HUB to Streamline DAM and Boost Productivity for Marketers

PhotoShelter has announced new integrations with CI HUB, allowing customers to integrate their DAM software with tools such...