M&A Deal Summary

Taleo Acquires Vurv Technology

On May 6, 2008, Taleo acquired software company Vurv Technology from Spring Lake Equity Partners for 128M USD

Acquisition Highlights
  • This is Taleo’s 1st transaction in the Software sector.
  • This is Taleo’s largest (disclosed) transaction.
  • This is Taleo’s 2nd transaction in the United States.
  • This is Taleo’s 1st transaction in Florida.

M&A Deal Summary

Date 2008-05-06
Target Vurv Technology
Sector Software
Buyer(s) Taleo
Sellers(s) Spring Lake Equity Partners
Deal Type Add-on Acquisition
Deal Value 128M USD

Target

Vurv Technology

Jacksonville, Florida, United States
Vurv Technology develops and sells web-based workforce management software and services, with a focus on recruiting automation software solutions.

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Buyer(S) 1

Buyer

Taleo

Dublin, California, United States

Category Company
Sector Software
Revenue 315M USD (2011)
DESCRIPTION

Taleo Corporation provides on-demand talent management software solutions. The Company offers recruiting, performance management, compensation, succession planning, learning management, leadership development, and analytics software solutions. The Company delivers its solutions on demand as a service that is accessed through an Internet connection and a Web browser. Its solution delivery model, also called software-as-a-service (SaaS). It offers its solutions as a subscription-based service for, which its customers pay a recurring annual or quarterly fee during the subscription term. The Company operates in two segments: subscription and support and professional services.


DEAL STATS #
Overall 2 of 6
Sector (Software) 1 of 2
Type (Add-on Acquisition) 2 of 6
State (Florida) 1 of 2
Country (United States) 2 of 4
Year (2008) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-07 JobFlash

Fremont, California, United States

JobFlash, Inc. provides hiring solutions for employees. It is a leader in IVR technology and high-volume candidate scheduling for hourly industries such as restaurants, casinos, retail stores, and hospitality," said Brad Benson, executive vice president, products and technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-15 Worldwide Compensation

Redwood City, California, United States

Worldwide Compensation helps global companies achieve better business performance by rewarding their critical talent worldwide. WWC offers software solutions for performance driven total compensation for the global workforce.

Buy $16M

Seller(S) 1

DESCRIPTION

Spring Lake Equity Partners is a private venture capital firm focused on later-stage technology company investments. The Firm looks to invest $7 to $15 million in growth-oriented companies with up to $100 million in revenue. Specific areas of interest include software, digital media, mobile, data center infrastructure, healthcare IT, and business/financial services. Spring Lake Equity was formed in 2013 after spinning-off from Tudor Investment Corporation. The Firm is based in Boston, Massachusetts.


DEAL STATS #
Overall 19 of 39
Sector (Software) 3 of 10
Type (Add-on Acquisition) 10 of 23
State (Florida) 2 of 3
Country (United States) 19 of 38
Year (2008) 2 of 3
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-07 Fidelis Cybersecurity

Bethesda, Maryland, United States

Fidelis Cybersecurity is a provider of threat detection, hunting, and response solutions. Fidelis combats the full spectrum of cybercrime, data theft, and espionage by providing full visibility across hybrid cloud / on-prem environments, automating threat and data theft detection, empowering threat hunting and optimizing incident response with context, speed, and accuracy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-03 Wavelink

South Jordan, Utah, United States

Wavelink Corp. is the industry's provider of software solutions for the development of mission-critical wireless applications and the management of wireless LAN networks and mobile devices.

Buy -