Silver Lake, along with its co-investors and Canada Pension Plan (CPP Investments), is in the process of purchasing all of the remaining outstanding shares that Silver Lake does not currently own. The equity financing associated with the acquisition is expected to exceed $10 billion and the absence of leverage will provide greater financial flexibility for future growth.

Qualtrics is a provider of cloud-based software that is a leader in the "experience management" category, enabling businesses to quickly identify and resolve potential issues. This helps them retain clients and employees, secure revenue and increase profitability. With advanced artificial intelligence tools, its clients include more than 18,750 organizations worldwide. The company has two headquarters in Provo, Utah and Seattle and operates in 28 offices worldwide. The company's annual revenue exceeded $1.5 billion last year, a 36% increase, with more than 80% of that revenue coming from recurring subscriptions.

Silver Lake is a technology investment firm with operations around the world. Its total assets under management and committed capital exceed USD 92 billion. The portfolio companies under Silver Lake's management generate annual revenues of over $272 billion and employ approximately 680,000 people worldwide.