Hellman & Friedman Takes 7.5% Stake in Splunk
March 4, 2022
Hellman & Friedman Capital Partners X, L.P. purchased approximately $1.38 billion of Splunk common stock (11.9 million shares), representing roughly 7.5% of outstanding shares and making HFCP X the largest active shareholder. The investment is a strategic minority stake intended to support management — including new CEO Gary — and help drive value creation for all shareholders.
- Buyers
- Hellman & Friedman Capital Partners X, L.P.
- Targets
- Splunk, Inc.
- Industry
- Data & Analytics
- Location
- California, United States
- Transaction Type
- Growth capital
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