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Announced

Completed

Raydiant completed the acquisition of Hoopla.

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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sales gamification

Single Bidder

United States

Private

Completed

Majority

Domestic

Friendly

Software

Acquisition

employee motivation

team performance

Synopsis

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Raydiant, a digital experience platform provider, completed the acquisition of Hoopla, a performance management and motivation platform. Financial terms were not disclosed. "After listening to our customers and hearing about their challenges as they plan to reopen offices, we came to the conclusion that joining forces with Raydiant was the best way for us to deliver the best solutions to address those challenges and achieve our aggressive growth objectives," Mike Smalls, Hoopla CEO.

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