Smartsheet to go private in $8.4 billion deal with PE firms Vista and Blackstone

Smartsheet CEO sells shares worth over $1 million

CEO Mark Mader sold 20,000 shares of Smartsheet, but remains a major shareholder as company reports strong growth and revenue expectations while exploring acquisition opportunities.

How to play the AI Enterprise Software revolution

The article discusses the rise of AI in business, highlighting key players and trends, while noting the challenges and future market implications of AI technologies.

Earnings call: Smartsheet Inc. maintains strong growth and updates FY 2025 guidance

Smartsheet reports Q2 FY 2025 results, with 17% revenue growth and strong ARR expansion, applying new pricing models and partnerships, despite slight churn increases among smaller customers.

Smartsheet beats Q2 expectations, raises full-year outlook

Smartsheet Inc. reported strong Q2 results, raised full-year guidance, and highlighted enterprise growth. Their adjusted EPS was $0.44, with revenue of $276.4 million, showing 17% YoY growth.

Vista and Blackstone in talks to buy Smartsheet, shares gain

Smartsheet Inc shares rose 7% amid acquisition talks with Vista Equity Partners and Blackstone, valued at $7 billion, focusing on enhanced workflow management capabilities.

Exclusive-Vista and Blackstone in talks to acquire software maker Smartsheet, sources say

Private equity firms Vista Equity Partners and Blackstone are in talks to acquire Smartsheet, a collaboration software company valued at $7 billion, amid a rebound in dealmaking.