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Saba Software To Be Acquired by Cornerstone OnDemand for $1.4 Billion

February 25, 2020

San Francisco – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Saba Software, a portfolio company of Vector Capital, with respect to Cornerstone OnDemand Inc’s agreement to acquire Saba for US$1.395 billion in cash and stock. Saba is a global leader in talent experience solutions with more than 20 years of industry experience developing, delivering and supporting learning, performance and recruiting product solutions.

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and led the Paul Hastings team, which also included M&A Partner , Tax Partner , Employment Partner , Finance Partner , Corporate Partner , Government Contracts Partner , IP Partner , Cybersecurity Partner ; of counsels , , and ; and associates , , , , , , , , , , and .

The transaction is subject to regulatory approvals and other customary conditions and is expected to close in the second quarter of 2020.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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