Alteryx agreed to be acquired by Clearlake Capital Group and Insight Partners for 48.25/share in cash in a transaction valued at $4.4b, including debt.
- Alteryx will become a privately held company
- Price represents a 59% premium to Alteryx’s stock price on Sept. 5, the last full trading day prior to media reports regarding a possible transaction
- Stoecker holding about 49% of Alteryx’s voting power has entered into a customary voting agreement to support the transaction
- Expects transaction to close in 1H of 2024
- Qatalyst Partners is acting as exclusive financial adviser to Alteryx
- Houlihan Lokey, Inc., Goldman Sachs & Co. ...
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