Cvent Investment. Part of the investment thesis was the strength and experience of our global cvent team, and after we become a public company, the team that got the company to where it is today will lead. Cvent expects to raise $801 million to accelerate innovation and expand its product offerings.
Part of the investment thesis was the strength and experience of our global cvent team, and after we become a public company, the team that got the company to where it is today will lead. Cvent is to be taken private yet again, as part of a $4.6 billion transaction involving vista equity partners and blackstone. With this investment, cvent plans to hire more than 200 employees over the next 12 months, bringing its headcount to 1,000.
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View all cvent investors frequently. Cvent expects to raise $801 million to accelerate innovation and expand its product offerings. In connection with the transaction, investment firm vista equity partners, a majority stockholder of cvent, has agreed to invest a portion of its proceeds as nonconvertible.
The Deal Values Cvent At More Than $5 Billion, Including Debt, And Means Cvent Will.
A wholly owned subsidiary of the abu dhabi investment authority (adia) will be a significant minority investor alongside blackstone as part of the transaction. Giv venture partners, located in radnor (united states), made their first investment in cvent on oct 11, 2000 in its series a round. Starting today, the common stock of cvent will begin trading on the nasdaq global market under the ticker symbol “cvt”.
Cvent’s Comprehensive Suite Of Technology Solutions Powers The.
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Information On Valuation, Funding, Acquisitions, Investors, And Executives For Cvent.
Cvent expects to raise $801 million to accelerate innovation and expand its product offerings. Cvent’s comprehensive suite of technology solutions powers the. Reggie aggarwal, cvent ceo & founder, said, “this is an exciting.
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After building an investment thesis around the company’s leading position in a large, growing and underpenetrated market, vista acquired cvent in 2016 via a take private. In connection with the transaction, investment firm vista equity partners, a majority stockholder of cvent, has agreed to invest a portion of its proceeds as nonconvertible. Part of the investment thesis was the strength and experience of our global cvent team, and after we become a public company, the team that got the company to where it is today will lead.
At Least Half Of These New Hires Will Be Engineers.
Has decided to acquire the event software company cvent holding corporation in an agreement with a valuation of 4.6 billion usd. The transaction, which was previously announced on march 14, 2023, includes a significant minority investment from a wholly owned subsidiary of the abu dhabi investment. Giv venture partners, located in radnor (united states), made their first investment in cvent on oct 11, 2000 in its series a round.
This Acquisition Is Our Most Significant Investment In This Space, And Further Solidifies Our Commitment To The Broader Industry. Cvent Will Become A Privately Held Company.
Use the pitchbook platform to explore the full profile. Access to the bond investment information site is granted on an individual basis. With this investment, cvent plans to hire more than 200 employees over the next 12 months, bringing its headcount to 1,000.
To Request Access, Please Download, Complete, And Return The Access Request Form Via Email To.
Cvent expects to raise $801 million to accelerate innovation and expand its product offerings. Starting today, the common stock of cvent will begin trading on the nasdaq global market under the ticker symbol “cvt”. A wholly owned subsidiary of the abu dhabi investment authority (adia) will be a significant minority investor alongside blackstone as part of the transaction.