CEB Buys Employee Insight Specialist Valtera

In the US, research and advisory services firm the Corporate Executive Board (CEB) has acquired employee insight specialist Valtera, which offers a range of employee opinion and engagement survey services. Terms of the deal were not disclosed.

CEB says the buy will increase its market share in the employee engagement arena, while also adding new employee assessment and selection capabilities. The deal also expands CEB's US footprint with new offices in Greater Chicago, IL and Houston, TX, and in Europe through offices in Amsterdam and Prague.

Valtera - which will be re-named CEB Valtera - will be combined with CEB's global workforce surveys and analytics division CLC Genesee, which provides quant services to measure and manage employee engagement and organizational effectiveness.

Valtera founder and CEO Bill Macey comments: 'Valtera was born out of a commitment to the application of science in the workplace and the advancement of the industrial organizational psychology profession. We believe that the combined power of Valtera and CLC Genesee will bring an unmatched ability to help clients drive tangible business results through enhanced employee productivity.'

Tom Monahan, Chairman and CEO of CEB, adds that in acquiring Valtera, CEB has gained a 'rich data set, powerful analytic capabilities and a group of dedicated, respected industry leaders' - including Macey, Nancy Tippins and Mort McPhail.

Web sites: www.executiveboard.com , www.valtera.com and www.clcgenesee.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.