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M&A Deal Summary

Cielo Acquires Talent Function

On December 3, 2020, Cielo acquired staffing company Talent Function from TalentSonar

Acquisition Highlights
  • This is Cielo’s 3rd transaction in the Staffing sector.
  • This is Cielo’s 1st transaction in the United States.
  • This is Cielo’s 1st transaction in California.

M&A Deal Summary
Date 2020-12-03
Target Talent Function
Sector Staffing
Buyer(s) Cielo
Sellers(s) TalentSonar
Deal Type Divestiture

Target

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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Buyer(S) 1

Buyer

Cielo

Wauwatosa, 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 Wauwatosa, Wisconsin.

DEAL STATS #
Overall 3 of 4
Sector: Staffing M&A 3 of 4
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-05 AsiaNet China

Shanghai, China

AsiaNet China is an RPO, executive search, recruitment, and payroll (HRO) business. AsiaNet serves customers across a range of industries including engineering, advanced manufacturing, life sciences, supply chain, infrastructure, construction and properties, automotive and technology. AsiaNet China was established in 1988 and is based in Shanghai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-09 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.

Buy -

Seller(S) 1

SELLER

TalentSonar

United States
Category Company
Sector Internet Software and Services
DESCRIPTION

TalentSonar is a vendor of blind resume review software that strengthens Unitive's end-to-end hiring technology.

DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-12 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.

Buy -
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