M&A Deal Summary

Challenger Acquires KnowledgeAdvisors

On March 3, 2014, Challenger acquired information technology company KnowledgeAdvisors from Synetro Group for 52M USD

Acquisition Highlights
  • This is Challenger’s 1st transaction in the Information Technology sector.
  • This is Challenger’s 4th largest (disclosed) transaction.
  • This is Challenger’s 6th transaction in the United States.
  • This is Challenger’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2014-03-03
Target KnowledgeAdvisors
Sector Information Technology
Buyer(s) Challenger
Sellers(s) Synetro Group
Deal Type Add-on Acquisition
Deal Value 52M USD
Advisor(s) AGC Partners (Financial)

Target

KnowledgeAdvisors

Chicago, Illinois, United States
Knowledge Advisors, Inc. is a provider of learning and talent measurement solutions. It offers an organizations access the measurement expertise and on demand software to ensure a high-performing workforce.

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Buyer(S) 1

Buyer

Challenger

Arlington, Virginia, United States

Category Company
Founded 1979
Sector Internet Software and Services
Employees4,600
Revenue 950M USD (2016)
DESCRIPTION

Challenger is a global performance improvement platform that delivers a comprehensive portfolio of solutions focused on sales marketing and customer service training through in-person workshops, eLearning and workflow tools, diagnostic and assessment offerings, and other sales acceleration modules. Underpinned by the world-renowned, research-based Challenger and Effortless Experience methodologies, its solutions help enterprises adopt, develop, communicate, and implement more effective commercial strategies on a global scale. Challenger was founded in 1979 and is based in Arlington, Virginia.


DEAL STATS #
Overall 8 of 12
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 8 of 12
State (Illinois) 2 of 2
Country (United States) 6 of 8
Year (2014) 2 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-11 Talent Neuron

Santa Clara, California, United States

Talent Neuron, is a provider of market intelligence technology tools based on large-scale data analytics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-17 Sunstone Analytics

San Francisco, California, United States

Sunstone Analytics offers résumé-based predictive analytics to provide HR and business leaders with company-specific recruiting insights and superior selection decision criteria. Company résumé analytics technology quickly identifies top candidates based on key features associated with high performers within a specific company and role.

Buy -

Seller(S) 1

SELLER

Synetro Group

Chicago, Illinois, United States

Investor Investor Investor Investor


Category Venture Capital Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Synetro Group is a private investment and strategic advisory firm focused on early stage venture investments as well as acquisitions of mature companies. For its mature investment practice, Synetro targets businesses in the manufacturing, software, and business services sectors with up to $75 million of revenue. Synetro Group was formed in 2000 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 5
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 4
State (Illinois) 2 of 3
Country (United States) 2 of 4
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-01 Gleanster

Evanston, Illinois, United States

Gleanster is an IT market research firm focused on benchmarking best practices in technology-enabled business initiatives. Gleanster generates actionable insights that allow companies to make smart business decisions and match their needs with vendor solutions. Gleanster is based in Evanston, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-12 dscout

Chicago, Illinois, United States

dscout is a Software as a Service (SaaS) video research platform that enables companies to capture real-world product, brand, and user experiences at scale, where and when they happen. dscout was founded in 2011 and is based in Chicago, Illinois.

Buy -