Corporate Executive Board (EXBD), a provider of corporate research and consulting services, is...

|By:, SA News Editor

Corporate Executive Board (EXBD), a provider of corporate research and consulting services, is acquiring SHL, a provider of cloud-based talent management software, for $660M in cash. U.K.-based SHL claims over 10K clients and posted 2011 revenue of $209.8M. EXBD expects the deal to be accretive to 2013 EPS. The acquisition will be funded with the help of a new $625M credit facility.