Blackstone and Vista Equity acquire Smartsheet in $8.4-billion enterprise software deal
Blackstone and Vista Equity’s $8.4-billion acquisition of Smartsheet highlights booming demand for enterprise collaboration tools.
Robert F. Smith
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
Robert F. Smith regains top spot as America’s richest Black billionaire
This comes after a month-long reign of David Steward, majority shareholder and co-founder of World Wide Technology (WWT).
David Steward surpasses Robert F. Smith to become America’s richest Black billionaire
Since the start of the year, Steward’s net worth has skyrocketed by $2.78 billion, averaging an impressive $24.17-million increase per day.
Firm linked to America’s richest Black person Robert F. Smith surpasses $20-billion mark for eighth flagship fund
The fundraising endeavor has exceeded all expectations, showcasing an insatiable appetite for large-scale technology investments.
Workflow platform backed by America’s richest Black man acquires AI firm, Drift
The strategic integration aims to reshape B2B buyer engagements and amplify the capabilities of both companies in the rapidly evolving field of artificial intelligence.
America’s richest Black billionaire Robert F. Smith unveils Vision for AI future at Davos
Smith emphasized the integration of AI into companies’ operations, drawing parallels with past transformative innovations like the internet and the cloud.
Vista Equity, led by America’s richest Black man, seeks $20 billion for eighth flagship fund
Under Smith’s helm, Vista Equity Partners excels amidst fundraising intricacies, boasting 18 dynamic monetization events, generating an impressive $18 billion.
America’s richest Black man Robert F. Smith loses $600 million in 19 days
Smith slips; trails KKR’s Henry Kravis on the Bloomberg Billionaires Index.
Blackstone and firm led by America’s richest Black billionaire join forces to acquire Energy Exemplar
Vista Equity Partners, under the leadership of Smith, has rapidly become a dominant force in the technology sector since its establishment in 2000.
Firm led by America’s richest Black billionaire acquires stake in London-based tech firm
Vista Equity Partners, founded in 2000 by Smith, has rapidly emerged as a dominant force in the technology sector.
Investment firm led by America’s richest Black man acquires software maker TRG Screen
Vista Equity Partners, which is led by America’s richest Black man Robert F. Smith, has acquired a majority stake in TRG Screen.
Firm led by America’s richest Black man set to reap billions from Stats Perform sale
Under Smith, Vista Equity has realized remarkable gains, totaling a substantial $14.3 billion through monetization activities since 2021.