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New Deal


Announced

MentorcliQ to acquire River Software.

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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Single Bidder

Majority

Software

Private

computer software

Acquisition

United States

Pending

Friendly

Synopsis

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MentorcliQ, the employee mentoring software provider, agreed to acquire River Software, the mentoring software for business developer. Financial terms were not disclosed. “River has built an impressive presence and reputation in the employee mentoring space for two decades and we have always greatly admired their work. River is composed of talented individuals who care deeply about mentoring and are driven to help clients support their employees’ careers, leading to much higher employee retention. This approach aligns perfectly with the way MentorcliQ partners with the many companies we are proud to serve. Our combined knowledge, experience and customer success will be unparalleled in the market,” Phil George, MentorcliQ CEO.

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