CFIUS Approves Acquisition of US Software Service Company by Investment Firms
Zendesk, a U.S.-based software-as-a-service provider, said it received U.S. approval regarding its acquisition by an investor group led by investment firms Permira in the U.K. and Hellman & Friedman, headquartered in California. The company had submitted a voluntary notice to…
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the Committee on Foreign Investment in the U.S. and received “written notice” from CFIUS Nov. 17 that it “had concluded its review and cleared the transaction,” Zendesk said in a Nov. 17 SEC filing. The company expects the acquisition to be completed Nov. 22.