Vista Equity, Blackstone in Talks to Buy Smartsheet: Reuters

A private equity consortium that includes Vista Equity Partners and Blackstone, is in talks to buy Smartsheet, Reuters reports, citing unidentified people familiar with the matter.

• Deal could be signed in coming weeks if talks don’t fall apart
• Smartsheet did not immediately respond to Reuters’ requests for comment
• Vista and Blackstone declined to comment to Reuters
• Smartsheet shares rose as much as 8.6%
• NOTE: Smartsheet Fielding Private Equity Buyout Interest: Reuters

To contact the reporter on this story:
Kenneth Hughes in New York at khughes51@bloomberg.net

To contact the editors responsible for this story:
Max Zimmerman at mzimmerman90@bloomberg.net

Sebastian Tong ...