Sale to iCIMS

Technology & Services
Sale to iCIMS

Summary

Baird served as the exclusive financial advisor to Altru Labs on this transaction

About

Altru Labs (“Altru” or the “Company”) was recently acquired by iCIMS, a portfolio company of Vista Equity Partners (“Vista”). The terms of the transaction were not disclosed.

Altru is an award-winning, mobile-first video platform that empowers employee-generated storytelling to enhance the candidate, employee, and recruitment marketing experience. The Company's software activates employer brands by communicating with applicants through content created and shared directly by employees. Altru’s platform enables organizations like Target, PwC, Intuit, L’Oréal and Box to create and nurture authentic relationships with their candidates by producing content driven by audience intent, while furthering employee engagement and employer branding.

iCIMS empowers organizations to attract, engage, hire, and advance the right talent that builds a diverse, winning workforce. iCIMS accelerates transformation for a community of more than 4,000 customers, including a third of the Fortune 100, that employ more than 30 million people worldwide.

Vista is a leading global investment firm with more than $58 billion in cumulative capital commitments. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, credit, public equity and permanent capital strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees.
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Technology & Services
Sale to iCIMS
Date
December 2020
Company
Altru Labs
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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