Silver Lake completes $12.5bn Qualtrics acquisition

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Private equity firm Silver Lake, in partnership with Canada Pension Plan Investment Board (CPP Investments), has bought experience management giant Qualtrics from SAP. SAP has owned a 71% stake in Qualtrics and its customer and employee experience tools since 2018 – previously, Silver Lake held a 4% stake in Qualtrics. Silver Lake’s all-cash acquisition, which was first announced in March 2023 and…


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