Don’t expect Figma to find another buyer anytime soon now that its mammoth $20 billion sale to Adobe is off, according to banking and private equity executives.
On Monday, Adobe and Figma mutually called off the transaction, saying they no longer see a path toward regulatory approval of the deal. The companies had spent 15 months working on the combination, which called for Adobe to buy Figma, a cloud-based designer platform, for $20 billion.
