M&A Deal Summary

Cielo Acquires Peridus Group

On May 9, 2022, Cielo acquired staffing company Peridus Group

Acquisition Highlights
  • This is Cielo’s 4th transaction in the Staffing sector.
  • This is Cielo’s 2nd transaction in the United States.
  • This is Cielo’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2022-05-09
Target Peridus Group
Sector Staffing
Buyer(s) Cielo
Deal Type Add-on Acquisition

Target

Peridus Group

Minneapolis, Minnesota, United States
Peridus Group is a boutique human capital consulting firm that provides integrated advisory and consulting services across all facets of HR, talent, and HR technology. Peridus Group is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Cielo

Brookfield, Wisconsin, United States
Category Company
Founded 2005
Sector Staffing
Employees1,820
DESCRIPTION

Cielo is a pure-play recruitment process outsourcing (RPO) provider. Cielo offers customized solutions that help clients align talent strategies to business objectives. Cielo was founded in 2005 and is based in Brookfield, Wisconsin.

DEAL STATS #
Overall 4 of 4
Sector (Staffing) 4 of 4
Type (Add-on Acquisition) 3 of 3
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Talent Function

San Diego, California, United States

Talent Function is a consultancy dedicated to helping Talent Acquisition and HR leaders and executives worldwide realize their desired outcomes. Talent Function helps staffing leaders and solution providers to deliver results for their clients and combines project-based consulting with extensive practical recruiting experience to address the people, practices, and software that make up the Talent Acquisition function. Talent Function was formed in 2009 and is based in San Diego, California.

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