Cloudera: CD&R and KKR $5.3B take-private (2021)
In June 2021, CD&R and KKR agreed to take Cloudera private in an all-cash transaction valued at approximately $5.3 billion . The enterprise data cloud company was listed on the NYSE (CLDR) before the buyout.
Cloudera provides a hybrid data platform spanning analytics and AI/ML workloads for large enterprises. The take-private followed years as a public company after its IPO and the Hortonworks merger. CD&R and KKR framed the deal as a long-term partnership to accelerate product and go-to-market investment away from public-market cycles.
