Zendesk in its $10.2 billion acquisition by an investor group led by Permira and Hellman & Friedman

On June 24, 2022, Zendesk, Inc. announced it had entered into a definitive agreement to be acquired by an investor group led by investment firms Permira and Hellman & Friedman LLC in an all-cash transaction that values Zendesk at approximately $10.2 billion. Under the terms of the agreement, Zendesk shareholders will receive $77.50 per share. Wachtell, Lipton, Rosen & Katz served as legal advisor to Zendesk.