Deal Corner
September 26, 2023
NDA Represents Veritone, Inc. In Its Acquisition of Broadbean from CareerBuilder, LLC

DEAL BRIEF

Vertione, Inc. (“Veritone”), acquired Broadbean a global leader of software as a service (SaaS) technology that makes talent acquisition and engagement more efficient from CareerBuilder. The total consideration paid was $52 million in cash on a cash and debt-free basis, subject to certain adjustments in the purchase agreement. 

OUR ROLE

We, at Nishith Desai Associates, acted as the India counsel to Veritone. We advised them on the legal, tax and regulatory aspects of the transaction.

OUR CLIENT

Veritone is a global leader in enterprise AI software and services.

TEAM

Vaibhav Parikh

Vivek Ilawat

Hetal Pandya 

Hardik Kothari 

PRESS COVERAGE

https://www.veritone.com/press-releases/veritone-closes-acquisition-of-broadbean/

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

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Deal Corner

September 26, 2023

NDA Represents Veritone, Inc. In Its Acquisition of Broadbean from CareerBuilder, LLC

DEAL BRIEF

Vertione, Inc. (“Veritone”), acquired Broadbean a global leader of software as a service (SaaS) technology that makes talent acquisition and engagement more efficient from CareerBuilder. The total consideration paid was $52 million in cash on a cash and debt-free basis, subject to certain adjustments in the purchase agreement. 

OUR ROLE

We, at Nishith Desai Associates, acted as the India counsel to Veritone. We advised them on the legal, tax and regulatory aspects of the transaction.

OUR CLIENT

Veritone is a global leader in enterprise AI software and services.

TEAM

Vaibhav Parikh

Vivek Ilawat

Hetal Pandya 

Hardik Kothari 

PRESS COVERAGE

https://www.veritone.com/press-releases/veritone-closes-acquisition-of-broadbean/

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.