Pluralsight, Inc., the technology workforce development company, announces that it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a global investment firm focused on enterprise software, data, and technology-enabled businesses.
Under the terms of the agreement, Vista, in partnership with its institutional co-investors including Partners Group, will acquire all outstanding shares of Pluralsight common stock for $20.26 per share in an all-cash transaction valued at approximately $3.5 billion. The purchase price represents a premium of approximately 25% to the company’s volume-weighted average closing stock price for the 30 trading days prior to today’s announcement.
