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New Deal


Announced

Completed

Insight Partners, Clearlake Capital and Blackstone completed the acquisition of a minority stake in Diligent for £381m.

Financials

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Transaction Value£381m
Consideration TypeCash
Capital Owned-
Capital Bid For13%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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analytic solutions

Completed

Acquisition

Friendly

SaaS products

software solutions

Private

Single Bidder

United States

saas

Software

Private Equity

Minority

Synopsis

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Insight Partners, Clearlake Capital and Blackstone completed the acquisition of a minority stake in Diligent, a software services provider, for £381m. "Over the past few years, Insight and Clearlake have provided the resources, guidance and support that have allowed us to pursue our vision at Diligent, and I am thrilled to expand the partnership with an increased investment from Clearlake and a new investment from Blackstone. I look forward to working together with our investors to pursue our next stage of growth and continue to build transformative solutions for our clients,” Brian Stafford, Diligent President and CEO.

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