Cornerstone OnDemand Acquires Evolv for $42,500,000

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    85 Federal Street San Francisco, CA 94107 USA
  • Company Description
    Evolv offers a web-based Talent Intelligence platform that utilizes on-the-job data collected via our Evolv Network to help you make more profitable hiring decisions. Our science-based, proprietary approach better matches employees and employers.
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  • M&A Terms
    Under the terms of the proposed acquisition, Cornerstone will acquire Evolv for approximately $42.5 million in cash, subject to certain adjustments. In addition, Cornerstone will assume up to $2.0 million in debt and will grant certain Evolv employees restricted stock units covering up to 200,000 shares of Cornerstone common stock, subject to customary vesting requirements.

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