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Announced

Exponent-backed SHL to acquire Aspiring Minds.

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

Private Equity

Friendly

workforce solutions

Pending

United Kingdom

Acquisition

Outsourced HR and Staffing

Majority

Single Bidder

Synopsis

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Exponent-backed SHL, a provider of talent innovation solutions, agreed to acquire Aspiring Minds, a provider of workforce assessments and credentialing solutions. Financial terms were not disclosed. "We see a noticeable gap between those who seek to transform their organizations with a digital strategy, and those who actually have the talent to do so. This acquisition infuses Aspiring Minds' advanced AI technology throughout SHL's portfolio at a platform level and will leverage our rigorous science to enable the technical, emerging and leadership talent required for our 10k-plus customers to succeed in the digital era," Andy Bradshaw, SHL CEO.

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