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New Deal


Announced

Entelo acquired California-based ConveyIQ.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

software development

Acquisition

United States

Software

Pending

Friendly

Single Bidder

Synopsis

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Entelo, a leader in recruiting automation, acquired California-based ConveyIQ, the leading provider of candidate engagement Software-as-a-Service solutions. Financial terms were not disclosed. Danielle Weinblatt, Entelo's President and Chief Product Officer, said, "Imagine a system that automates all of the arduous and manual tasks hiring teams have to process so recruiters can ultimately become strategic business partners. Entelo's acquisition of ConveyIQ will make this possible. It's time that Talent Acquisition teams have one platform that enables recruiters to be more proactive, efficient and candidate-focused in order to hire better quality talent, faster than ever before."

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