Latest News
Criteria Corp Acquires Revelian to Add Game-Based Assessments to Pre-Employment Analytics Portfolio
Friday 06 March 2020

6 March 2020 - Los Angeles-based employment analytics platform Criteria Corp has acquired Australia-based emotional intelligence and game-based assessments provider Revelian to accelerate product investment in pre-employment analytics, the company said.

Terms of the deal were not disclosed.

The acquisition follows a significant growth investment in Criteria from Sumeru Equity Partners (SEP) in 2019.

The acquisition of Revelian will add emotional intelligence testing to its portfolio as well as accelerate its expansion into game-based assessments.

The acquisition enhances Criteria's enterprise-grade assessment platform and better positions the combined company to best serve its customers through a market-leading assessment portfolio and expanded product and service offerings.

Criteria Corp, backed by Sumeru Equity Partners is a pre-employment testing company that helps companies make better hiring decisions.

Revelian offers psychometric assessment development, using game-based assessments for recruitment.

Sumeru Equity Partners is a technology-focussed private equity firm that invests in middle market companies across software, technology-enabled services and hardware.
Details
Date Published: 06/03/2020
Target: Revelian
Country: Australia
Sector: Business and Consumer Services
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Criteria Corp
Comment:
Terms of the deal were not disclosed

Options