Zendesk, Inc. today announced the completion of its acquisition by an investor group led by Hellman & Friedman and Permira in an all-cash transaction that values the company at approximately $10.2 billion.
The acquisition was previously announced on June 24, 2022 and approved by the company’s stockholders at the Special Meeting of Stockholders held on September 19, 2022.
Under the terms of the merger agreement, Zendesk shareholders will receive $77.50 per share in cash. In connection with the completion of the transaction, the company’s common stock ceased trading and will be delisted from the New York Stock Exchange.
Zendesk will operate as a privately held company and will remain headquartered in San Francisco.
Conceived in Copenhagen, Denmark, Zendesk is a provider of solutions to enable any business around the world to take their customer service online. Today, the platform powers billions of conversations, connecting more than 100,000 brands with hundreds of millions of customers over telephony, chat, email, messaging, social channels, communities, review sites and help centers. The company today employs more than 6,000 people across the world.
FinSMEs
23/11/2022