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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.

M&A Partners

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.

Practice Areas

Private Equity

Mergers and Acquisitions

Technology

Corporate


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