Add-on Acquisition • Information Technology

O.C. Tanner Co. Acquires Kwench Global Technologies Pvt

On April 14, 2019, O.C. Tanner Co. acquired information technology company Kwench Global Technologies Pvt

Acquisition Context

This is O.C. Tanner Co.’s 1st transaction in the Information Technology sector.
This is O.C. Tanner Co.’s 1st transaction in India.

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M&A Deal Summary
Date	April 14, 2019
Target	Kwench Global Technologies Pvt
Sector	Information Technology
Buyer(s)	O.C. Tanner Co.
Deal Type	Add-on Acquisition

Target Company

Kwench Global Technologies Pvt

Mumbai, India

Kwench Global Technologies Pvt Ltd. helps companies enhance their employee value proposition by providing innovative employee engagement initiatives. The kwench Employee Engagement Platform leverages the power of Social, Mobile, Analytics and Cloud Computing (SMAC) to provide employers a high degree of customization, company visibility, and branding.

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Buyer Overview 1

Buyer

O.C. Tanner Co.

Salt Lake City, Utah, United States

Category	Company
Founded	1927
Sector	Business Services

DESCRIPTION

O.C. Tanner Co. is a provider in employee recognition and culture, helps thousands of top companies accomplish and appreciate great work. O.C. Tanner Co. was founded in 1927 and is headquartered in Salt Lake City, Utah.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	3 of 3
Country: India	1 of 1
Year: 2019	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-09-18	Accumulate Loyalty Services Melbourne, Australia Accumulate Loyalty Services Ltd. is a provider of employee recognition and incentive solutions. Accumulate Loyalty Services Ltd. was founded in 1998 and is based in Melbourne, Australia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-09-18

Accumulate Loyalty Services

Melbourne, Australia

Accumulate Loyalty Services Ltd. is a provider of employee recognition and incentive solutions. Accumulate Loyalty Services Ltd. was founded in 1998 and is based in Melbourne, Australia.

Buy

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