On the record · Other
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.
Research depth
Transactions sourced
At least one recorded transaction has a public source.
Record updated Aug. 29, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
1 ownership record has an unresolved current/former status.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
March 13, 2023
Acquisition announcedR1
Sponsor: Silver Lake · Sponsor: Canada Pension Plan Investment Board
Recorded history
June 28, 2023
Acquisition completedR1
Sponsor: Silver Lake · Sponsor: Canada Pension Plan Investment Board
Recorded history
Date not recorded
Sources and evidence
Recorded transaction sources
These support a recorded transaction row. They have not passed the separate evidence-review process.
- R1Silver Lake and CPP Investments Complete Acquisition of Qualtrics
Qualtrics · Company announcement · June 28, 2023
Supports: Recorded transaction
What we do not know
These are gaps in the public record, not findings about the organization.
- The organization's operating status has not been researched.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.