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New Deal


Announced

Completed

Workday to acquire Peakon from an investment consortium for c.$700m.

Financials

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Transaction Value£505m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Software

Private Equity

analytics

Completed

Friendly

Denmark

Single Bidder

hr technology

Private

Acquisition

Cross Border

Synopsis

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Workday, a HR and finance software provider, agreed to acquire Peakon, a Denmark-based SaaS company, from an investment consortium for c.$700m. The deal is expected to close in the first quarter of Workday’s fiscal year 2022, ending April 30, 2021, subject to the satisfaction of customary closing conditions. “Bringing Peakon into the Workday family will be very compelling to our customers – especially following an extraordinary past year that has magnified the importance of having a constant pulse on employee sentiment in order to keep people engaged and productive,” Aneel Bhusri, Workday Co-founder and Co-CEO.

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