Tender offer · Databricks
Databricks tender offer (December 2024)
Databricks tender offer announced Dec 16, 2024 at $92.50 per share, implying a $62B valuation.
Announced Dec 16, 2024Closed Jan 16, 2025
Summary
Databricks paired a primary capital raise with an employee tender offer reported at $92.50 per share and a $62B valuation, sized at approximately $2B.
Structure
The transaction is reported as a combined primary + secondary structure — fresh capital flowed into the company and a defined pool of eligible sellers participated in the secondary leg.
What to read alongside this page
Firms involved
- Morgan Stanley financial advisor
- J.P. Morgan financial advisor
- Cooley LLP issuer counsel
Sources
- Databricks pairs primary raise with employee tender at $62B valuation — Example Wire (2024-12-17)