Agreement signedPublished 1 May 2024

Freshworks Inc. /
D42 Parent, Inc.

Freshworks to acquire D42 Parent in $230 million merger agreement

Buy side: Freshworks Inc.
Buy sideFreshworks Inc.
Target: D42 Parent, Inc.
TargetD42 Parent, Inc.
Source · 1 May 2024Source-verified
Buy side: Freshworks Inc.
Buy sideFreshworks Inc.
Target: D42 Parent, Inc.
TargetD42 Parent, Inc.
01 / BuyerFreshworks Inc.
02 / TargetD42 Parent, Inc.
Source-verified
01

What happened

Freshworks Inc. entered into a merger agreement to acquire all of the outstanding equity interests of D42 Parent, Inc. for an aggregate purchase price of $230 million on a cash-free, debt-free basis.

The purchase price includes $215 million in cash and a $15 million equity rollover by Raj Jalan and certain affiliates. The merger is subject to customary closing conditions, including regulatory approvals.

02

The source

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01
Source · Original source

Freshworks to acquire D42 Parent in $230 million merger agreement

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Timeline

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  1. Published by the source

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