Rival has been sold to EVA Equity Partners

Rival

Rival is a leading provider of AI-powered talent management software, helping organizations attract, hire, onboard and develop talent more effectively across the employee lifecycle. The company’s HR orchestration platform enhances recruiting and workforce operations by connecting people, processes and data through intelligent automation and actionable insights. Rival’s solutions enable organizations to improve talent acquisition, streamline onboarding, optimize employee experiences and drive workforce productivity through AI-powered workflows, candidate engagement tools and talent intelligence capabilities. Serving customers across a wide range of industries, Rival helps HR teams make faster, more informed decisions while maximizing the impact of their existing HR technology investments. For more information about Rival, visit rival-hr.com.

The Deal

The transaction brings together EVA Equity Partners’ software operating expertise with Rival’s differentiated AI-powered talent management platform, creating a strong foundation to accelerate product innovation, expand enterprise customer relationships and pursue strategic growth initiatives. Rival’s broad product suite, sticky enterprise customer base and significant opportunities for cross-sell and platform expansion align closely with EVA’s buy-and-grow investment strategy.

Greg DiTullio, Chief Executive Officer of Rival, commented, “Lincoln was an invaluable partner in providing strategic guidance as we embarked on identifying the right partner to support Rival’s next phase of growth. Their deep industry expertise, coupled with a thoughtful and collaborative approach, was instrumental in successfully navigating every aspect of the process.”

Our Perspective

Chris Gresh, Managing Director in Lincoln’s Technology Group, commented, “Rival is helping organizations navigate an increasingly complex talent landscape through AI-powered workflows and actionable insights. The company has built a differentiated platform that enables customers to make more informed workforce decisions and drive better outcomes. We are excited to see Rival’s continued growth and look forward to following the company’s next chapter.”

EVA Equity Partners

EVA Equity Partners identifies, acquires and grows enterprise software companies with unrealized potential. They accelerate profitable growth by combining a proprietary operating model refined over decades with their patented AI-powered platform, EVA. With 20 years of consistent growth, EVA takes a “buy-and-grow” approach to acquisitions. By prioritizing customer success, the firm helps companies with product-market fit become market leaders through product innovation and rigorous professional services delivered via their global “follow-the-sun” model. Operating from co-headquarters in Austin, Bangalore and Paris, EVA serves clients across North America, Europe and beyond. For more information about EVA, visit evaequitypartners.com.

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