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Cvent to go private again in $4.6B Blackstone deal

Meetings and events management software provider Cvent is to be taken private yet again, as part of a $4.6 billion transaction involving two of the biggest players in the private equity sphere.
Today’s announcement continues a recent trend that has seen myriad companies retreating from the public markets, driven by opportunistic private equity firms looking to make a fast buck from nervous stockholders.
Dotcom survivor
Founded way back in 1999, Cvent could be described as something of a Dotcom era survivor, raising bucketloads of venture capital cash ahead of a bumper IPO in 2013 that va

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