Pluralsight, Inc.

Ownership & deal activity

Ownership and acquisition events compiled from public sources and audited against the linked source. Each event links to its source; “(reported)” marks a lower-confidence item. Verify anything material against the original source.

• recapitalizationVista equity injection and covenant relief — $75M new equity, Q1 2023Vista Equity Partners approached lenders in early 2023 to loosen covenants and injected $75 million in new equity to shore up Pluralsight's liquidity as rising interest rates pressured the business.2023-01-01 · $75M · per transacted.io
• acquisitionPluralsight (Vista-backed) acquires A Cloud GuruPluralsight, backed by Vista Equity Partners, closed its acquisition of A Cloud Guru (ACG), a cloud skills development platform, announced June 2, 2021 and closed July 8, 2021, to expand cloud-training capabilities.2021-07-08 · per pluralsight.com
• lboVista Equity Partners completes take-private acquisition of Pluralsight at $22.50/shareVista Equity Partners formally completed its leveraged buyout of Pluralsight at $22.50 per share, valuing the company at approximately $3.8B; shares ceased trading and the company became privately held, financed in part by a $1.175B recurring-revenue term loan and $100M revolver from a consortium of BDC/private-credit lenders.2021-04-06 · $3.8B · per sec.gov
• take privateVista Equity Partners agrees to acquire Pluralsight for $3.5BVista Equity Partners announced a definitive agreement to acquire all outstanding shares of Pluralsight for $22.50 per share (~$3.5B), taking the company private.2020-12-13 · $3.5B · per pluralsight.com
• take privateVista Equity Partners announces definitive agreement to acquire Pluralsight for ~$3.5BVista Equity Partners, together with co-investor Partners Group, announced an all-cash agreement to acquire all outstanding shares of Pluralsight for $20.26 per share, valued at approximately $3.5 billion.2020-12-13 · $3.5B · per sec.gov
• acquisitionPluralsight acquires GitPrime for ~$170MPluralsight acquired developer analytics platform GitPrime for approximately $170 million, adding its engineering productivity tool (later called Pluralsight Flow) to the product portfolio.2019-01-01 · $170M · per edsurge.com
• ipoPluralsight IPO on NASDAQPluralsight opened on the NASDAQ exchange at a $15 share price, closing its first day of trading at $20.2018-05-17 · per en.wikipedia.org
• ipoPluralsight IPO on Nasdaq at $15/sharePluralsight completed its initial public offering on May 17, 2018, listing Class A common stock on Nasdaq at $15 per share.2018-05-17 · per sec.gov
• sponsor changeLenders take full ownership of Pluralsight via debt-for-equity swap; Vista equity wiped outA consortium of private credit lenders led by Blue Owl Capital took 100% ownership of Pluralsight through a debt-for-equity swap, erasing Vista Equity Partners' entire equity position and reducing Pluralsight's funded debt by $1.3B, with lenders also investing $250M of new capital into the business.per goodwinlaw.com
• restructuringPluralsight IP drop-down liability management exercise (LME) — $50M preferred equityVista completed a ~$50M preferred equity / liability management transaction in which Pluralsight's intellectual property was transferred to an unrestricted subsidiary outside of existing creditors' reach, with proceeds used to fund an interest payment to lenders.$50M · per goodwinlaw.com

Headlines mentioning Pluralsight, Inc.

Reading this table

When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).

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