Corporate Executive Board buys talent analytics firm SHL
US/UK— The Corporate Executive Board (CEB) is buying UK-based talent analytics firm SHL, which measures the effectiveness of company staff and benchmarks their performance against the competition, for $660m.
SHL’s revenues were $209.9m last year with adjusted earnings of $56.9m. The company is owned by funds managed by HgCapital and Veronis Suhler Stevenson.
Tom Monahan, CEB chief executive, said of the SHL acquisition: “We see a continual increase in the demand for talent measurement and analytics to drive organisational performance. The combination of these enterprises creates a uniquely valuable resource to help executives apply predictive analysis to the selection, development and management of talent.”