M&A Deal Summary

Perceptyx Acquires Cultivate

On February 15, 2022, Perceptyx acquired software company Cultivate

Acquisition Highlights
  • This is Perceptyx’s 2nd transaction in the Software sector.
  • This is Perceptyx’s 3rd transaction in the United States.
  • This is Perceptyx’s 2nd transaction in California.

M&A Deal Summary

Date 2022-02-15
Target Cultivate
Sector Software
Buyer(s) Perceptyx
Deal Type Add-on Acquisition

Target

Cultivate

San Francisco, California, United States
Cultivate is a AI-powered platform that leverages AI to scale coaching across the enterprise, enabling stronger workplace relationships and empowering people leaders. Cultivate captures existing behavior data in a leader’s own digital communication channels and delivers hyper-personalized leadership insights and recommendations. Cultivate is based in San Francisco, California.

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Buyer(S) 1

Buyer

Perceptyx

Temecula, California, United States

Category Company
Founded 2003
Sector Software
DESCRIPTION

Perceptyx delivers enterprise-level employee surveys and people analytics solutions. Perceptyx technology makes it easy for managers and HR or business leaders to discover insights deep within large and complex organizations, driving meaningful action to improve business outcomes. Perceptyx was founded in 2003 and is based in Temecula, California.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 Waggl

Sausalito, California, United States

Waggl is an employee feedback solution that crowdsources employee comments and ideas in real-time. Waggl’s software platform boosts human connection and enables informed decision-making, rapid alignment, and immediate action. Waggl delivers actionable insights to leaders, ensures that employee voices are heard, and encourages employee engagement through meaningful inclusion and participation in a transparent dialogue. Waggl was founded in 2014 and is based in Sausalito, California.

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