M&A Deal Summary

Workday Acquires Peakon ApS

On January 28, 2021, Workday acquired software company Peakon ApS for 700M USD

Acquisition Highlights
  • This is Workday’s 5th transaction in the Software sector.
  • This is Workday’s 2nd largest (disclosed) transaction.
  • This is Workday’s 1st transaction in Denmark.

M&A Deal Summary

Date 2021-01-28
Target Peakon ApS
Sector Software
Buyer(s) Workday
Deal Type Add-on Acquisition
Deal Value 700M USD
Advisor(s) Wilson Sonsini Goodrich & Rosati
Osborne Clarke (Legal)

Target

Peakon ApS

Copenhagen, Denmark
Peakon ApS is an employee success platform that converts feedback into insights you can put to work. Peakon provides customized benchmarks and personalized insights to support its mission of helping every employee drive the change they want to see. Peakon was founded in 2015 and is based in Copenhagen, Denmark.

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Buyer(S) 1

Buyer

Workday

Pleasanton, California, United States

Category Company
Founded 2005
Sector Internet Software and Services
Employees19,415
Revenue 8.4B USD (2025)
DESCRIPTION
Workday's headquarters in Pleasanton, California.
Workday's headquarters in Pleasanton, California.

Workday is a provider of enterprise cloud applications for finance and human resources. Workday delivers financial management, human capital management and analytics applications designed for companies, educational institutions, and government agencies. Workday's software delivers embedded analytics that capture the content and context of everyday business events, facilitating fast and informed decision-making from wherever users are working. Workday was established in 2005 and is based in Pleasanton, California.


DEAL STATS #
Overall 13 of 21
Sector: Software M&A 5 of 8
Type: Add-on Acquisition M&A Deals 13 of 21
Country: Denmark M&A 1 of 1
Year: 2021 M&A 1 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-17 Stories s.r.o.

Prague, Czech Republic

Stories s.r.o. is a provider of augmented analytics, a powerful approach that leverages machine learning and artificial intelligence technologies to automate analysis and deliver insights into what’s happening in a business. Stories s.r.o. was founded in 2015 and is based in Prague, Czech Republic.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Zimit

Deerfield Beach, Florida, United States

Zimit is a Services Configure Price Quote provider. Zimit is designed for quoting enterprise technology and services, including subscriptions, professional services, managed services, bundled solutions, and XaaS. Zimit simplifies quoting, delivering speed, flexibility, and a seamless opportunity-to-cash workflow. Zimit customers replace spreadsheets with a centralized solution catalog, guided selling, automated document content, approvals, and a pricing engine built for the technology and services market. Zimit is based in Deerfield Beach, Florida.

Buy -