Vista Equity Partners and Smartsheet
In 2024, Vista Equity Partners (Vista) and Blackstone acquired Smartsheet in a take-private transaction valued at approximately $8.4 billion.
This investment will support Smartsheet’s efforts to expand its leading collaborative work management solutions and deliver exceptional products and experiences for customers and partners. Vista and Blackstone’s global expertise will help Smartsheet scale its international business and make its products and expertise more broadly available worldwide.
More about Vista Equity Partners
Vista, a leading global investment firm, was founded in 2000 by its Chairman and CEO Robert F. Smith. The firm exclusively invests in enterprise software, data and technology-enabled businesses across private equity, permanent capital and credit strategies.
Vista pioneered an approach to value creation that strengthens core operating principles to fuel product innovation and accelerate growth in each portfolio company. Vista’s dedicated Value Creation Team comprises more than 100 subject matter experts who partner closely with founders and management teams to implement proprietary best practices. Access to this collective counsel and resources enables Vista portfolio company executives to unlock opportunity, scale their business and sustainably grow with confidence.
This approach has earned Vista numerous awards and distinctions, including being recognized as the Global Technology Private Equity Firm of the Year by Private Equity International and as a Top Private Equity Firm of 2024 by GrowthCap.
To learn more about Vista, visit vistaequitypartners.com or follow the firm on LinkedIn, Instagram, X, Facebook and YouTube.