Oak Investment Partners and Tenth Avenue Holdings have sold Attivio to ServiceNow

Client: Oak Investment Partners and Tenth Avenue Holdings

Client Location: United States

Target: Attivio, Inc.

Target Location: United States

Acquirer: ServiceNow, Inc.

Acquirer Location: United States

Target Description: Attivio is an AI-powered answers and insights platform company.


Our Perspective

“Pairing best-in-class private companies with the top strategic acquirers is at the core of what we do,” noted Clark Spurrier, Managing Director at Lincoln. “Having executed transactions with other information technology (IT) incumbents such as Google, IBM, GE, Oracle and Accenture, we were thrilled to work with another pioneer in ServiceNow on this acquisition.”

“This announcement is an exciting development for the enterprise search sector,” said Griffin Bealle, Managing Director at Lincoln. “This validates the notion that search is an increasingly critical capability in delivering an excellent customer experience, while also enabling users to access troves of unstructured data. We look forward to seeing how ServiceNow can leverage these newly acquired capabilities to augment its already formidable platform.”

 

Oak Investment Partners Tenth Avenue Holdings Attavio Service Now 2019 Connect with a Senior Team Member
What really set the team at Lincoln apart from other investment banking teams was their knowledge of the market and their connections to strategic buyers.
Stephen Baker
Attivio Chief Executive Officer

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