Deal Announcement

DC Advisory India acts as exclusive financial advisor to Aspiring Minds on its sale to SHL

23 Oct 2019

Since its founding 11 years ago, Aspiring Minds – a leading provider of talent assessment products globally – has grown rapidly, counting more than 100 of the global Fortune 500 among its more than 3,000 customers worldwide. Aspiring Minds’ innovative products are driven by industry-leading AI-powered talent assessment and interviewing solutions, spanning a portfolio that includes coding, language, video interview and skills tests.

SHL is a global leader in talent innovation, providing employment assessments, talent analytics and succession planning to global corporates. SHL is backed by UK Private Equity firm Exponent which acquired SHL in 2018.

Aspiring Minds’ product portfolio and AI capabilities are a strong fit alongside SHL’s global customer base, foundation of innovation, rigorous science and proprietary datasets. Together, the combined entity is able to assist its over 10,000 clients to hire and develop the right talent for the digital era with greater accuracy and diversity.

DC Advisory India acted as the exclusive financial advisors to the shareholders of Aspiring Minds, who have signed a definitive agreement on its sale to SHL.

Deal Team