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Vacation home startup founded by former Zillow executives turns to private investors after declining sales

Pacaso, a company that sells fractional ownership of vacation properties, is selling shares to individual investors as it struggles to adapt to a difficult real estate market. Founded in 2020 by former Zillow executives Austin Allison and Spencer Rascoff, Pacaso bills itself as an easier, more affordable way to own a luxury vacation home. The […]

By Andrew Jack

October 4, 2024October 4, 2024

Blackstone and Vista close .4 billion deal to acquire Smartsheet

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Blackstone and Vista close $8.4 billion deal to acquire Smartsheet

(Bloomberg) — Blackstone Inc. and Vista Equity Partners have agreed to acquire software provider Smartsheet Inc. for about $8.4 billion in one of the largest privatization deals of the year. Most read by Bloomberg The buyout firms will pay $56.50 per share in cash for Bellevue, Washington-based Smartsheet, they said in a statement Tuesday. The […]

By Andrew Jack

September 24, 2024September 24, 2024