DocuSign Explores Potential Sale, Stock Spikes 12%

The e-signature company, valued at over $11 billion, is reportedly in preliminary talks with advisors, exploring interest from both private equity firms and technology companies.

DocuSign, the e-signature company, is reportedly exploring a sale, potentially marking one of the most significant leveraged buyouts in recent times.
The company has hired outside advisors to explore potential buyers, including strategic buyers and private-equity firms.
DocuSign's stock spiked by 12% following the report of a potential sale.
The company, which was founded in 2003 and went public in 2018, has a market valuation of over $11 billion.
Despite challenges such as the reopening of offices and economic concerns, DocuSign has shown resilience with a 9% revenue increase in its recent quarterly report.