Jamieson is pleased to announce that it has advised the management team of Cvent Holding Corp. on the take private transaction by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion.
Cvent’s comprehensive suite of technology solutions powers the entire event management process to maximize the impact of events. Cvent has approximately 22,000 customers globally in the corporate, non-profit, higher education and hospitality sectors as of December 31, 2022. Since its founding in 1999, Cvent has helped manage more than 5 million events, and lists over 302,000 hotels and venues as of December 31, 2022 on the Cvent Supplier Network, an online platform with tools to search, negotiate and contract with hotels and venues for event space.
Michael Sirkin and Fionn Dillon Kelly advised Reggie Agarwal (Founder & CEO) and the Cvent executive leadership team on their reinvestment into the new structure and the terms of the new Management Equity Incentive Plan.
