Qualtrics

PE-Owned

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 by Silver Lake (2023)$7.5B|Website →
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Ownership Information

Qualtrics is owned by Silver Lake. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →

Timeline

2002

Qualtrics founded

2023

Acquired by Silver Lake for $7.5B

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