1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. California >
  6. Rival Acquires Entelo

M&A Deal Summary

Rival Acquires Entelo

On August 10, 2022, Rival acquired software company Entelo from 3TS Capital Partners and Escalate Capital

Acquisition Highlights
  • This is Rival’s 2nd transaction in the Software sector.
  • This is Rival’s 2nd transaction in the United States.
  • This is Rival’s 1st transaction in California.

M&A Deal Summary
Date 2022-08-10
Target Entelo
Sector Software
Buyer(s) Rival
Sellers(s) 3TS Capital Partners
Escalate Capital
Deal Type Add-on Acquisition

Target

Entelo

San Francisco, California, United States
Entelo engages in recruiting automation, applying predictive analytics and AI to help find, qualify, and engage with the best talent for the organization. From eliminating unconscious bias within the sourcing process to offering a completely automated sourcing and outreach mode, Entelo goes above and beyond the typical search functionality of a sourcing platform. Entelowas founded in 2011 and is based in San Francisco, California.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Rival

Chicago, Illinois, United States
Category Company
Founded 2003
Sector Software
DESCRIPTION

Rival is a software company and services help clients attract, retain and align people to their business. Rival delivers personalized experiences for employees that drive engagement across the employment lifecycle to enable measurably better business outcomes. Rival was founded in 2003 and is based in Chicago, Illinois.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-04 VTN Technologies

Edmonton, Alberta, Canada

VTN Technologies, Inc. is a provider of a web-based learning environment.

Buy -

Seller(S) 2

SELLER

3TS Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

3TS Capital Partners is a private equity firm that targets buyout and expansion capital investments in Central and Northern Europe. 3TS primarily targets growth tech businesses operating in the communications, internet, media, and technology-enabled services sectors. 3TS typically holds investments for three to five years. 3TS Capital Partners was formed in 1999 and is based in Helsinki, Finland.

DEAL STATS #
Overall 21 of 23
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-08 Tresorit

Budapest, Hungary

Tresorit is a cloud-based, secure file synchronizing software provider, specifically designed to share confidential data of business users. Tresorit is suitable for making shared directories in a way that the files in the directories are encrypted before being uploaded and the encrypted file will get into the cloud. Tresorit was founded in 2011 and is based in Budapest, Hungary.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-01 Elefant Online

Bucharest, Romania

Elefant Online is one of the largest online retailers in Romania, offering a wide product range to more than 600.000 clients. Clients can choose if they want to receive the products through a courier or if they want to get it themselves directly from the 18 pick-up points that the company has in Bucharest and in other 5 cities of Romania. Elefant Online was founded in 2010 and is based in Bucharest, Romania.

Sell -
SELLER

Escalate Capital

Austin, Texas, United States

Investor Investor Investor Investor Investor

Category Mezzanine Finance Firm
Founded 2005
PE ASSETS 830M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Escalate Capital Partners is a private investment firm focused on providing capital to expansion and late-stage companies. The Firm focuses its investment activity within the technology, life sciences, and service-based industries. Prospective financing solutions include senior, subordinated and mezzanine debt. Escalate's target investment size is $5 to $30 million. Escalate Capital Partners has offices in Menlo Park, California and Austin, Texas.

DEAL STATS #
Overall 35 of 39
Sector: Software M&A 9 of 9
Type: Add-on Acquisition M&A Deals 22 of 25
State: California M&A 4 of 4
Country: United States M&A 35 of 39
Year: 2022 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Peerless Network

Chicago, Illinois, United States

Peerless Network provides agile, cost-effective, and simple-to-deploy voice services, including unified communications-as-a-service, session initiation protocols (SIP) trunking, messaging, APIs and Microsoft Teams integration. Peerless Network was founded in 2008 and is based in Chicago, Illinois.

Sell $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-26 GutCheck

Denver, Colorado, United States

GutCheck is an online agile market research solution that enables clients to get quick consumer reads to address business questions, whenever they need to be answered. GutCheck was founded in 2009 and is based in Denver, Colorada.

Sell -
Mergr

Solution for

Product

Company

Legal