Announced
Synopsis
HgCapital Trust, private equity firm, has agreed the sale of Lumesse, a provider of strategic HR software to medium and large sized enterprises, to Saba Software Inc., a global leader in talent development solutions, and a portfolio company of Vector Capital, a leading global technology private equity firm based in San Francisco. The terms of the transaction were not disclosed. "The addition of Lumesse's talent technology and expertise will enable us to fill a critical and unmet market need, extend and accelerate the delivery of a 'best in suite' talent experience more rapidly across the globe, and create more value for our customers, faster." said Phil Saunders, President and CEO of Saba.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.