WorkTango Inc. has been sold to BI WORLDWIDE
WorkTango Inc.
WorkTango is a leading AI-enabled employee experience insights platform that combines Recognition & Rewards and Surveys & Insights capabilities. By offering a comprehensive set of solutions across employee experience, the company is able to provide a unified view of employee sentiment, culture and recognition activity, helping organizations both measure and improve the employee experience while empowering leaders and managers with actionable insights to optimize human-centric workspace retention and performance.
The Deal
Lincoln International served as the exclusive financial advisor to WorkTango, partnering closely with the company’s shareholders and management team throughout the transaction. Lincoln provided strategic guidance and deep human capital management sector expertise while managing every aspect of the sale process. The acquisition marks BI WORLDWIDE’s (BIW’s) deliberate expansion from its historical focus on large multinational enterprises into the middle market, where WorkTango has built deep expertise and a loyal customer base.
The acquisition positions WorkTango to accelerate product innovation and expand its market reach with backing from BIW’s global network, supporting millions of participants across 200+ countries. WorkTango will offer clients an expanded catalog of rewards options, milestone awards, experiences, corporate events and behavioral science methodologies to help organizations build more effective recognition and engagement strategies.
Our Perspective
Chris Gresh, Managing Director in Lincoln International’s Technology Group who led the transaction, commented, “It has been a privilege to partner with WorkTango’s shareholders and management team on this significant transaction. WorkTango has built a uniquely integrated, AI-enabled employee experience platform that addresses an increasingly important need for organizations to both measure and improve employee engagement. BI WORLDWIDE’s global reach, scaled rewards & recognition capabilities and focus on measurable business outcomes are highly complementary to WorkTango’s platform and will help accelerate go-to-market expansion in the company’s next phase of growth.”
BI Worldwide
BI WORLDWIDE is a global leader in employee engagement, sales and channel engagement and customer loyalty programs. Operating across 40+ global locations and spanning six continents, BIW leverages behavioral science and extensive logistics infrastructure to help Fortune 500 and enterprise organizations drive sustainable results and create inspired cultures. For more information, visit www.biworldwide.com.
Lincoln was a trusted advisor to WorkTango throughout this transaction. The team’s deep sector knowledge, strategic buyer relationships and steady execution were critical in positioning WorkTango’s differentiated employee experience platform and identifying BI WORLDWIDE as the right partner for the company’s next chapter.
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