Export Compliance Daily is a Warren News publication.

CFIUS Approves Acquisition of US Software Service Company by Investment Firms

Zendesk, a U.S.-based software-as-a-service provider, said it received U.S. approval regarding its acquisition by an investor group led by investment firms Permira in the U.K. and Hellman & Friedman, headquartered in California. The company had submitted a voluntary notice to…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

the Committee on Foreign Investment in the U.S. and received “written notice” from CFIUS Nov. 17 that it “had concluded its review and cleared the transaction,” Zendesk said in a Nov. 17 SEC filing. The company expects the acquisition to be completed Nov. 22.