Monday, December 18, 2023

Alteryx In $4.4B Private Equity Acquisition Deal

Irvine-based cloud analytics software developer Alteryx said this morning that it has entered into a definitive agreement to be acquired by private equity investor Clearlake Capital Group and Insight Partners, for $4.4 billion. According to the publicly traded company--currently trading on the NYSE as AYX--its stockholders will receive $48.25 per share in cash for each share of Alteryx Class A or Class B common stock they own, a 59% premium to its closing stock price on September 5th--the last full trading day before rumors of a sale hit the press.