(Adds details on the deal)
March 10 (Reuters) - Data solutions firm Talend will go private in a $2.4 billion all-cash deal with private equity firm Thoma Bravo, the companies said on Wednesday.
Shareholders of Talend, whose software helps businesses crunch large amounts of data, will receive $66 per ordinary share and ADS in cash.
The offer represents a premium of 28.7% to Talend’s last closing price.
The company, headquartered in Redwood City, California, counts AstraZeneca PLC, L’Oreal and Domino’s Pizza among its customers.
Qatalyst Partners is serving as financial adviser to Talend. (Reporting by Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila and Devika Syamnath)