Software firm Alteryx to be taken private in $4.4 billion deal

4 months ago 63

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(Reuters) – Alteryx said on Monday it had agreed to be acquired by private-equity firms Clearlake Capital Group and Insight Partners, in a deal valued at $4.4 billion including debt.

Alteryx stockholders will receive $48.25 per share in cash for each share of Alteryx Class A or Class B common stock they hold.

Upon completion of the transaction, Alteryx will become a privately held company.

Shares of the data analytics software company fell 2% in premarket trading.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Sriraj Kalluvila and Anil D’Silva)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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