E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/18/2023 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Alteryx to go private via $4.4 billion acquisition by Clearlake Capital

Chicago, Dec. 18 – Alteryx, Inc. announced that it will be a privately held company after an acquisition by Clearlake Capital Group LP, according to a press release.

The $4.4 billion acquisition price includes debt.

As of the company’s most recent 10-Q filing, the company had 0.5% convertible notes due in 2024, 1% convertible notes due in 2026 and $450 million of 8¾% senior notes due 2028, issued in March 2023.

The transaction is not subject to a financing condition or a "majority of the minority" stockholder vote.

Qatalyst Partners is serving as exclusive financial adviser, and Wilson Sonsini Goodrich & Rosati, Professional Corp. and Fenwick & West LLP are serving as legal advisers to Alteryx.

Houlihan Lokey, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC are serving as financial advisers to Clearlake and Insight.

Sidley Austin LLP is serving as legal adviser to Clearlake.

Willkie Farr & Gallagher LLP is serving as legal adviser to Insight.

Alteryx is a computer software company based in Irvine, Calif.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.