Zendesk CEO and Co-Founder Mikkel Svane
After the end of the deal, the customer management specialist, founded in Copenhagen in 2007, is to be taken off the stock exchange.
Berlin A group of financial investors led by Permira and Hellman & Friedman is acquiring the US software manufacturer Zendesk. It would pay $ 10.2 billion in cash, Zendesk said on Friday. The offer of $ 77.50 per share represents a premium of around 34 percent to Thursday’s closing price. The stock rose 29 percent on Friday.
Zendesk has been under pressure from activist investor Jana Partners for some time, who was particularly upset by the failed takeover of Momentive Global. The San Francisco-based company then launched a strategic review of its business. After the end of the deal, which is expected in the fourth quarter, the customer management specialist, founded in Copenhagen in 2007, is to be taken off the stock exchange.