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M&A Deal Summary

Chronus Acquires Imperative

On June 5, 2024, Chronus acquired internet software and services company Imperative

Acquisition Highlights
  • This is Chronus’ 2nd transaction in the Internet Software and Services sector.
  • This is Chronus’ 2nd transaction in the United States.
  • This is Chronus’ 1st transaction in Washington.

M&A Deal Summary
Date 2024-06-05
Target Imperative
Sector Internet Software and Services
Buyer(s) Chronus
Deal Type Add-on Acquisition

Target

Imperative

Seattle, Washington, United States
Imperative is an employee engagement platform that leverages 1:1 conversations to help employees own their careers through the lens of purpose. Imperative is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Chronus

Seattle, Washington, United States
Category Company
Founded 2007
Sector Software
DESCRIPTION

Chronus is a SaaS-based mentoring software platform that enables enterprises to manage large-scale mentoring programs. Chronus was founded in 2007 and is based in Seattle, Washington.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-24 eMentorConnect

Atlanta, Georgia, United States

eMentorConnect is a cloud-based mentorship platform that helps clients manage and scale their people programs - including mentoring, training, coaching, and onboarding. The platform was designed to support growing, Enterprise-level programs. It partners with large-scale companies, such as UPS, Teva, and The Organ Donation and Transplantation Alliance, to deliver best-in-class mentoring technology and services. eMentorConnect is based in Atlanta, Georgia.

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