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Latham & Watkins Advises on US$700 Million Sale of Peakon to Workday

March 16, 2021
Emerging companies team represents two major shareholders in sale of people analytics and employee engagement software company.

Latham & Watkins advised Atomico and Balderton on the sale of their stake in Peakon ApS to Workday Inc.

Workaday, a leader in enterprise cloud applications for finance and human resources, and Peakon, an employee success platform that converts feedback into actionable insights, have signed a definitive agreement under which Workday will acquire Peakon in an all-cash transaction.

The Latham team was led by London corporate partners Mike Turner and Shing Lo, associate Stephanie Dellosa, and Bay Area corporate partner Navneeta Rekhi.