Talend to go private in $2.4 billion deal with Thoma Bravo

  • 3/10/2021
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(Reuters) - Data solutions firm Talend will go private in a $2.4 billion all-cash deal with private equity firm Thoma Bravo, the companies said on Wednesday. Shareholders of Talend, whose software helps businesses crunch large amounts of data, will receive $66 per ordinary share and ADS in cash. The offer represents a premium of 28.7% to Talend’s last closing price. The company, headquartered in Redwood City, California, counts AstraZeneca PLC, L’Oreal and Domino’s Pizza among its customers. Qatalyst Partners is serving as financial adviser to Talend.

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