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New Deal


Announced

Accel and Iconiq Capital-backed Calendly to acquire Prelude.

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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Acquisition

Pending

Private

Domestic

United States

Single Bidder

Software

scheduling software

Majority

Friendly

Private Equity

Synopsis

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Accel and Iconiq Capital-backed Calendly, a developer of a subscription-based scheduling software, agreed to acquire Prelude, a developer of interview scheduling software. Financial terms were not disclosed. “This acquisition is a testament to how Calendly’s profitable business model affords us the ability to pursue initiatives that will meet the growing demand of our customers. For the last near-decade, Calendly has been laser-focused on simplifying scheduling to help teams increase revenue, have greater customer retention, and land more candidates. With Prelude, Calendly will offer the leading scheduling automation platform for all segments of the industry, from SMBs to the enterprise," Tope Awotona, Calendly Founder and CEO.

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