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Cvent

Aug 30, 2023

Federal Contractors | Technology 2023: REGGIE AGGARWAL

Cvent is a market-leading meeting, events and hospitality technology provider based in McLean. Originally trained as a lawyer, Cvent CEO Aggarwal received degrees from the University of Virginia, Washington and Lee University and Georgetown University Law Center. But he was seduced from the law by events management. After staging several hundred events as president of […]

Mar 14, 2023

Cvent to be acquired in $4.6B deal

Tysons-based meetings and events software company Cvent Holding Corp. has agreed to be acquired by New York-based private equity firm Blackstone in a deal valued at about $4.6 billion, the company announced Tuesday. Under the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52% to the volume weighted average […]

Dec 16, 2021

Cvent goes public again

Tysons-based event software company Cvent Holding Corp. began trading on the Nasdaq Global Market Dec. 9 after closing its merger the day before with San Francisco-based SPAC Dragoneer Growth Opportunities Corp. II. The move is Cvent’s second time going public. In 2016, Vista Equity Partners acquired it for $1.65 billion and took it private. The […]

May 22, 2020

McLean-based Cvent lays off, furloughs 10% of workforce

As the hospitality industry has taken one of the biggest COVID-19 hits of all, McLean-based event software company Cvent Inc. confirmed Friday it is laying off or furloughing 10% of its global workforce due to business impacts from the pandemic. “Meetings and events boost the global GDP by more than $1.5 trillion and impact nearly […]

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