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New Deal


Announced

Strattam Capital-backed HireRoad to acquire PeopleInsight.

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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Majority

Single Bidder

Domestic

workflow software

workforce analytics software

Private Equity

Private

Friendly

software development

Software

United States

Acquisition

Pending

Synopsis

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Strattam Capital-backed HireRoad, a provider of cloud-native end-to-end talent management and insight software, agreed to acquire PeopleInsight, a provider of workforce analytics software. Financial terms were not disclosed. "Analytics continue to be a challenge for HR professionals, especially in mid-sized organizations. They often don't have the resources for a data warehouse and a dedicated staff to perform analyses, yet they have the same desire for actionable data and many of the same complex business needs as larger organizations," Otto Berkes, HireRoad CEO.

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