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Private Equity Titan Blackstone Buys Tech Giant Cvent

Private equity titan Blackstone has bought hospitality tech giant Cvent in a $4.6 billion transaction.  Cvent, a ubiquitous presence in the meetings industry, has approximately 22,000 customers in the corporate, non-profit, higher education and hospitality sectors and offers a comprehensive suite of technology solutions that operate throughout the entire event management process. According to Cvent, since its founding in 1999 it has helped manage more than 5 million events and lists more than 3...
United States Abu Dhabi Abuz Aby United Arab Emirates David Schwartz Reggie Aggarwal

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