Castik Capital has entered into an agreement to acquire a majority stake in Interact Software, aiming to enhance the company's growth in the employee experience sector through targeted investments and strategic development.

Information on the Target

Interact Software, headquartered in Manchester, UK, is a leading provider of Software as a Service (SaaS) platforms tailored to enhance internal communication, knowledge sharing, and employee engagement within organizations. With a diverse clientele that includes several blue-chip companies, Interact serves prominent markets in North America, Europe, and the Middle East, with its primary focus on the United States and the United Kingdom.

As part of its strategic vision, Interact aims to become the definitive operating system for enterprise employee experience. The company plans to spearhead substantial growth by investing in targeted mergers and acquisitions and deepening its product development initiatives.

Industry Overview in the Target’s Specific Country

The global employee experience market is experiencing robust growth, driven by organizations' increased emphasis on talent retention, culture alignment, and effective communi