Announced
Completed
Financials
Tags
United States
computer software
Software
Acquisition
Domestic
Majority
Private Equity
Public
Friendly
Single Bidder
Completed
Synopsis
Clearlake Capital, a private equity firm, and Insight Partners, a venture capital and private equity firm, completed the acquisition of Alteryx, a computer software company, for $4.4bn. "We believe the Alteryx AI and cloud analytics platform provides powerful and differentiated solutions that enable customers to gain critical insights from data driven workflows, ultimately leading to meaningful productivity and efficiency gains for these organizations. In partnership with Insight, we are excited to collaborate with the company's talented employee base and believe that through Clearlake's O.P.S.® framework and sector expertise, Alteryx will have the resources to accelerate its product innovation and continue to provide valuable solutions to customers," Behdad Eghbali, Clearlake Co-Founder and Managing Partner and Prashant Mehrotra, Clearlake Partner and Managing Director.
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