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Corporate Executive Board Co. (CEB)

- NYSE
  • Jul. 2, 2012, 5:45 PM
    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.
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Company Description
The Corporate Executive Board Co is a member-based advisory company. It provides historical fixed-fee annual subscription model for membership programs, and technology-enabled subscription and engagement-based talent assessment and management services.
Sector: Services
Country: United States