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Zendesk Strikes $10.2 Billion Deal With Buyout Firms

Zendesk Strikes $10.2 Billion Deal With Buyout Firms #Zendesk #Strikes #Billion #Deal #Buyout #Firms Welcome to Lopoid

Zendesk Inc. headquarters in San Francisco.

Photo:

David Paul Morris/Bloomberg News

Zendesk Inc.

ZEN 27.71%

has closed a $10.2 billion all-cash acquisition deal with a group of buyout firms led by Hellman & Friedman LLC and Permira.

Under the terms of the agreement, Zendesk stockholders will receive $77.50 a share, a roughly 34% premium to Thursday’s closing price of $57.95.

The Wall Street Journal reported Thursday that the software company was closing in on what would be one of the biggest private-equity takeovers of the year.

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