Cielo Acquires Workday Cloud HR Consulting Firm Peridus
This is technology M&A deal number 457 that ChannelE2E has covered so far in 2022.
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Cielo Buys Workday Consulting Partner: Business Details
Peridus, based in Minneapolis, Minnesota, has 19 employees listed on LinkedIn as of May 10, 2022. Cielo, based in Brookfield, Wisconsin, has 2,129 employees listed on LinkedIn.
Cielo’s expertise spans Recruitment Process Outsourcing (RPO), talent acquisition, consulting, and executive search services across more than 100 countries. The company’s Cielo TalentCloud supports CRM, AI, automation, and analytics capabilities to help customers find, attract and hire specific talent, Cielo asserts.
Under terms of the M&A deal, Peridus CEO Caleb Fullhart shifts to senior VP of consulting at Cielo, and Robin Schooling shifts to VP of consulting. The duo along with additional Peridus team members are now part of Cielo’s consulting practice led by Managing Director Elaine Orler.
Cielo has M&A experience. The company previously acquired Talent Function in 2020.
Cielo Acquires Peridus Group: Talent Experts Weigh In
In a prepared statement about the latest deal, Cielo CEO Marisa Geist said:
“We know how important it is for our clients to see that we have the right capabilities as we continue to invest in new products and service. With so many of our clients moving to Workday ATS or looking for integrations in their Talent Acquisition tech stack, the experience Peridus Group brings, combined with Cielo’s existing expertise, will be invaluable in advancing our clients’ goals, fueling our continued growth.”