Acquiring Company
Hellman & Friedman
Acquired Company
Zendesk
San FranciscoSan FranciscoFinancial ServicesFinanceVenture CapitalAngel InvestmentSoftwareMessagingSaaSDescription
In 2022, Zendesk was acquired by a consortium led by Hellman & Friedman and Permira in an all-cash deal valued at approximately $10.2 billion. Following the acquisition, Zendesk was delisted from the New York Stock Exchange and is now a privately held company. The focus has shifted toward enhancing its software platform for customer service. The acquisition reflects a strategic move to grow recurring subscription revenue through cloud-based tools.
Quick answer
Hellman & Friedman is acquiring Zendesk for $10.2 billion, announced June 24, 2022. Hellman & Friedman is based in San Francisco, California, United States.
- How much did Hellman & Friedman pay for Zendesk?
- The reported deal value is $10.2 billion.
- What does Hellman & Friedman do?
- Hellman & Friedman is a private equity firm that focuses on investing in software and technology companies.
- Where are Hellman & Friedman and Zendesk based?
- Hellman & Friedman is based in San Francisco, California, United States. Zendesk is based in San Francisco, California, United States.
Source: Fundz verified event record.
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Who to call at Hellman & Friedman, and when
When Hellman & Friedman changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Hellman & Friedman raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hellman & Friedman, from your own LinkedIn network
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Frequently asked
Who acquired Zendesk?
Zendesk was acquired by Hellman & Friedman, based in San Francisco. The deal was reported on June 24, 2022. Hellman & Friedman is a private equity firm that focuses on investing in software and technology companies. It aims to drive growth and innovation in its portfolio companies. Hellman & Friedman is privately held and operates in Financial Services.
When did Hellman & Friedman acquire Zendesk?
Hellman & Friedman's acquisition of Zendesk was reported on June 24, 2022. In 2022, Zendesk was acquired by a consortium led by Hellman & Friedman and Permira in an all-cash deal valued at approximately $10.2 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Zendesk do?
Zendesk started the customer experience revolution in 2007 by enabling any business around the world to take their customer service online. It is privately held, operating in Software, and is based in San Francisco.
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