Trade with Eva: Analytics in action >>
Showing posts with label CVT. Show all posts
Showing posts with label CVT. Show all posts

Tuesday, January 31, 2023

Event software firm Cvent Holding (CVT) explores sale

 Jan 31 (Reuters) - Cvent Holding Corp is exploring a sale that could value the cloud-based event-software provider at about $4 billion, a person familiar with the matter told Reuters on Tuesday.

The firm has attracted interest from private equity firms including Blackstone (BX). 

Cvent had a market value of about $3.3 billion midday Tuesday, with the shares having lost nearly half their value from an early 2021 high.