TCW Strategic Income Fund, Inc. Price & Performance (TSI)

Blackstone has completed its $4.6 billion acquisition of Cvent, marking a significant move in the event technology sector. The deal, which also involves Vista Equity Partners as a financing partner, will see Cvent delisted from public markets and operating as a privately held company under Blackstone’s ownership.123

Cvent's stock continues to trade around $8.50, with analysts maintaining a 'Hold' rating. Recent insider trading activity and lack of dividend payouts reflect a cautious outlook. Despite steady revenue growth, the company’s negative net margin and ongoing acquisition process have kept investors watchful and sentiment neutral.45

Cvent has introduced updated trade show management solutions set for release on April 23, 2025. The new features aim to enhance event planning and attendee engagement, reflecting the company’s ongoing commitment to innovation in the meetings and events industry as it transitions under new ownership.67