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New Deal


Announced

Augeo to acquire Minneapolis-based MotivAction.

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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United States

Outsourced HR and Staffing

Pending

Friendly

human resources

Private

Acquisition

Single Bidder

Synopsis

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Augeo, a leader in employee and customer loyalty and engagement solutions, agreed to acquire Minneapolis-based MotivAction, a human capital management company. Financial terms were not disclosed. “We are thrilled to bring together our cultures, teams and solutions,” said David Kristal, Augeo CEO. “Like Augeo, MotivAction has an amazing tenure of talented and committed people across all facets of the business. This attribute alone will contribute to accelerated growth and ingenuity in the coming years. Both companies are on aggressive growth trajectories, driven by the simple philosophy of taking extraordinary care of our clients; this remains our foremost priority. Similarly, with today’s need for realtime interaction and focus on supporting engagement objectives across the full enterprise, we believe we now have the most comprehensive and impactful solution in the engagement space.”

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