Software & SaaS

Qualtrics

Silver Lake led a $7.5B take-private of Qualtrics (experience management software) from SAP in 2023, partnering with Canada Pension Plan. Qualtrics had been acquired by SAP for $8B in 2019. The deal illustrates the revolving-door PE model in enterprise software.

FOUNDED
2002
ACQUIRED
Silver Lake, 2023, $7.5B

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Editorial Record

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Timeline

2002

Qualtrics founded

2023

Acquired by Silver Lake for $7.5B

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