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Just months after turning down a $17 billion deal to be bought by a consortium of private equity firms, has agreed to a $10.2 billion deal to go private.

Led by and , the deal values the software company at $77.50 a share鈥攁 34% premium to Zendesk鈥檚 closing price on Thursday.

The deal ends months of what seemed like a never-ending soap opera between the San Francisco-based customer relations SaaS company and its investors.

In October, Zendesk announced it would acquire Momentive Global鈥攚hich includes 鈥攊n a $4.13 billion deal to move further into the 鈥渃ustomer experience鈥� market.

However, investors had other other ideas. In February, The deal was nixed. investors, especially and the mutual fund, were unhappy with the deal and the direction it would take the company.

It also was at that time Zendesk shot down the first proposed deal by a consortium of private equity firms to take the company private at a value of $127 to $132 a share. The Wall Street Journal group included Hellman & Friedman, and Permira.

Now, just four months later, the company has agreed to sell for a significant haircut from that earlier deal.

Sometimes he who hesitates is not just lost鈥攂ut also loses a lot of cash.

A look back

Zendesk was founded in 2007 in Copenhagen. The company鈥檚 SaaS customer service platform serves to drive better customer relationships. Zendesk moved first to Boston and then San Francisco in 2009 and became a darling of venture capital at the time.

The company raised more than $85 million from the likes of , , and . It went public in 2014, raising $100 million in its IPO and valuing the company at $1.7 billion.

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