Marketo to Be Acquired by Vista Equity Partners for $1.79 Billion
On May 31, 2016, Marketo, a leading provider of engagement marketing software and solutions, announced that it has entered into a definitive agreement to be acquired by Vista Equity Partners, a leading private equity firm focused on investments in software, data, and technology-enabled businesses, in an all-cash transaction valued at approximately $1.79 billion. Wilson Sonsini Goodrich & Rosati is representing Marketo in the transaction.
According to a company press release, Marketo shareholders will receive $35.25 in cash per share, representing a 64 percent premium to the closing price as of May 9, 2016. The transaction is expected to close in the third quarter of 2016, subject to shareholder and regulatory approvals and other customary closing conditions.
The WSGR team representing Marketo in the transaction includes:
Employee Benefits and Compensation:
Finance and Structured Finance:
Privacy and Data Protection:
Regulatory and Compliance:
For more information, click here to read Marketo's press release.