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July 5, 2023

Qualtrics

Qualtrics, a cloud-native software provider and creator of the experience management (XM) software category, announced the completion of its acquisition by Silver Lake, a global technology investor firm, in partnership with Canada Pension Plan Investment Board (CPP Investments). Silver Lake and its co-investors, together with CPP Investments, have acquired 100% of the outstanding shares in Qualtrics that Silver Lake does not already own. Qualtrics' common stock has ceased trading on the NASDAQ stock exchange. In connection with the close, Accel, a global venture capital firm, as well as BDT & MSD Partners, a merchant bank built to serve the needs of business owners and strategic, long-term investors; and DFO Management, the family investment office of Michael Dell, have joined Silver Lake in investing in Qualtrics. Morgan Stanley acted as financial advisor to Qualtrics, and Goodwin Procter as legal advisor. Qualtrics is co-headquartered in Provo, Utah and Seattle and operates out of 28 offices globally.




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