02-07-2025
Blackstone Buys Rest of Cvent From Vista in $1.3 Billion Deal
Buyout firm Vista Equity Partners has struck a deal to sell its minority stake in Cvent Holding Corp. to Blackstone Inc., marking a full exit for Vista from the events software company.
Blackstone is acquiring Vista's stake in Cvent for $1.3 billion, according to people familiar with the matter, who asked not to be identified discussing non-public information. Vista retained the stake following Blackstone's $4.6 billion takeover of the company in 2023.