Alteryx, an analytics cloud platform company, is to be acquired by global private equity firms Clearlake Capital Group (Clearlake) and Insight Partners (Insight) in a take-private deal that values the company at $4.4bn including debt.
Upon completion of the transaction, Alteryx will become a privately held company.
Under the terms of the agreement, Alteryx stockholders will receive $48.25 per share in cash for each share of Alteryx Class A or Class B common stock that they own. The per share purchase price represents a 59% premium to Alteryx’s unaffected closing stock price on 5 September, 2023, the last full trading day prior to media reports regarding a possible sale transaction.
