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Vista Equity to take revenue optimization platform Model N private in $1.25B deal
Model N, a platform used by companies to automate decisions related to pricing, incentives, and compliance, is going private in a $1.25B deal.
Vista Equity Partners is doling out $30 per share in the all-cash transaction, representing a 12% premium on Friday’s closing price, and 16% on its 30-day average. Founded in 1999, Model N’s software integrates with various data sources and internal systems to help companies analyze trends, pricing efficacy, market demand, and more. However, its valuation has generally hovered below the $1 billion market for the past six months, sparking Vista Equity Partners into action today.
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