Merger • Software

CultureIQ Acquires CEB Workforce Surveys & Analytic Division

On April 10, 2018, CultureIQ acquired software company CEB Workforce Surveys & Analytic Division from SHL Group

Acquisition Context
  • This is CultureIQ’s 1st transaction in the Software sector.
  • This is CultureIQ’s 1st transaction in the United States.
  • This is CultureIQ’s 1st transaction in Connecticut.

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M&A Deal Summary

Date April 10, 2018
Target CEB Workforce Surveys & Analytic Division
Sector Software
Buyer(s) CultureIQ
Sellers(s) SHL Group
Deal Type Merger

Target Company

CEB Workforce Surveys & Analytic Division

Stamford, Connecticut, United States
CEB Workforce Surveys & Analytic Division is a provider of insights and analytics supporting corporate strategic planning and business outcomes via an enterprise-class, tech-enabled workforce survey and analytics platform. WS&A drives results for corporations globally by aligning employees’ engagement with corporate strategy and enabling organizational change.
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Buyer Overview 1

Buyer

CultureIQ

Schaumburg, Illinois, United States

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

CultureIQ is a research-backed solution for assessing current culture and closing culture gaps. CultureIQ’s customers span the technology, retail, and financial services sectors in both the US and Europe. CultureIQ was founded in 2013 and is based in Schaumburg, Illinois.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Merger 1 of 1
State: Connecticut 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1

Seller Profile 1

SELLER

SHL Group

Thames Ditton, United Kingdom

Category Company
Founded 1977
Sector Business Services
DESCRIPTION

SHL Group is a global provider of talent assessment solutions. SHL Group's product portfolio of science-based assessment tools, benchmark data, predictive technologies and consultancy services drive business results by equipping organizations to assess, select, and develop the right people for the right roles. SHL Group was founded in 1977 and is based in Thames Ditton, United Kingdom.


Deal Context for Seller #
Overall 1 of 2
Sector: Software 1 of 1
Type: Merger 1 of 1
State: Connecticut 1 of 1
Country: United States 1 of 2
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-11 PreVisor

Roswell, Georgia, United States

PreVisor is a new entity formed by the merger of Qwiz, Inc. and ePredix, Inc. The merged company has become a leader in Internet-based pre-employment testing and assessment services in the United States, capable of offering a comprehensive suite of content, applications and consulting services to meet the needs of employers of all sizes and all industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-22 Aspiring Minds

Gurgaon, India

Aspiring Minds engages in assessments and credentialing, dramatically improving recruitment & workforce efficiency. Powered by AI, psychometry and science over 3,000 companies and institutions worldwide rely on our validated assessments to help them recruit the right people, develop requisite skills benchmarks and assess workforce health.

Buy -