Lewis Silkin advises on sale of Clicktools to Callidus

Lewis Silkin has advised the founders of leading B2B survey and data integration software provider Clicktools on the sale of the company to Callidus Software, Inc, a global leader in cloud-based sales, marketing and learning solutions. The deal was completed almost four years after Lewis Silkin advised the same founders on the sale of a 49.9% stake in the company.

This sale offers Clicktools further access to resources to accelerate innovation and continue to be the market leader in the enterprise survey market whilst the transaction enables Callidus to extend its lead to money portfolio and expand its customer base across multiple industries throughout EMEA and the USA.

The Lewis Silkin team was led by partner Simon Entwistle alongside senior associates Sam Pennington and Matthew Rowbotham, together with partner Sara Cohen who advised in relation to the exercise of outstanding options under the group’s share option plan.

David Jackson, the Clicktools CEO, and one of the founders, commented "This is the second transaction we have successfully concluded with Simon and the Lewis Silkin team. On both occasions we benefitted greatly from their expertise. They are a great bunch to work with and I would have no hesitation in recommending them. The last thing you want is for them to be working for the other side!"

For more information please contact David Lawrence.

David Lawrence
Business Development and Marketing Manager
Tel: 020 7074 8260
Email: david.lawrence@lewissilkin.com