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  6. Achievers Acquires TemboSocial

M&A Deal Summary

Achievers Acquires TemboSocial

On October 21, 2020, Achievers acquired software company TemboSocial

Acquisition Highlights
  • This is Achievers’ 1st transaction in the Software sector.
  • This is Achievers’ 1st transaction in Canada.
  • This is Achievers’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-10-21
Target TemboSocial
Sector Software
Buyer(s) Achievers
Deal Type Add-on Acquisition

Target

TemboSocial

Toronto, Ontario, Canada
TemboSocial, Inc. is an innovative provider of employee feedback and recognition tools. TemboSocial clients are able to drive platform adoption, reduce risk, and provide all lines of business with the modern tools they expect. TemboSocial, Inc. was founded in 2002 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Achievers

San Francisco, California, United States
Category Company
Founded 1995
Sector Internet Software and Services
DESCRIPTION

Achievers is a provider of employee recognition and rewards solutions designed to help companies increase employee engagement. Achievers delivers an employee success platform™ that enables social recognition, which dramatically increases employee engagement and drives business success. Achievers was founded in 1995 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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