Vista Equity Partners acquires Xactly Corp. in $564.0 million deal
In May 2017, Xactly was purchased by Vista Equity Partners and taken private two years after its initial public offering. The deal is valued Xactly at $564.0 million, as Vista Equity Partners will pay $15.65 per share. This represents a 17.0% premium over the company’s previous closing price.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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