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New Deal


Announced

Completed

Hellman & Friedman and Sixth Street completed a $350m investment in Sprinklr.

Financials

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Transaction Value£392m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

United States

customer relationship management

Private Equity

Minority

social media mangement

social content management

audience management

Domestic

Acquisition

social media agency

Completed

IT Services: Other

Private

Synopsis

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Private equity firms Hellman & Friedman and Sixth Street completed a $350m investment in Sprinklr, a customer experience management platform. Hellman and Friedman invested $200m and Sixth Street has invested $150m in convertible securities. “Underpinned by a visionary leadership team, strong return on invested capital, and AI technology built to provide the world’s leading brands with the ability to engage their customers across any channel, Sprinklr is defining and leading the enormous new category of Customer Experience Management. We’re excited to be part of Sprinklr’s journey of impressive growth and are pleased that our investment will bolster an already strong balance sheet," Michael McGinn, Sixth Street Partner and Co-Head.

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