When we founded Our Tandem in Dublin in 2016, we were driven by a desire to transform performance management. We wanted to move beyond the traditional, rigid review process and create a platform that would ignite a culture of continuous development through personalized feedback, coaching, and goal-setting. We built a solution that empowered employees to own their growth and helped managers become better coaches.
Our journey led us to a natural synergy with beqom, a global leader in total compensation management backed by Sumeru Equity Partners. We entered into a partnership to deliver a comprehensive solution for managing both performance and rewards. The collaboration was a success, and it quickly became clear that a deeper integration could offer something truly revolutionary to the market. The challenge was how to evolve this successful partnership into a landmark acquisition that recognized the full value of what our two companies could achieve together.
Navigating the transition from a strategic partner to a potential acquirer is delicate and complex. Every founder should know that even trusted commercial partners may anchor discussions at conservative valuations. To guide us, we needed an advisor who not only understood the intricacies of M&A but also appreciated the unique dynamics of our existing relationship with beqom and could introduce competitive tension. We chose Venero Capital Advisors because we knew their expertise would be critical in structuring the right deal.
The Venero team was an invaluable partner for us from the very start of the discussions and all the way to signing. They were more than transaction advisors; they were strategic architects. They helped us envision what a combined entity could look like and meticulously managed a competitive process to make that vision a reality. They ensured that the conversation was always focused on the powerful synergies of our platforms and the immense value we could unlock by formally joining forces.
Company: Our Tandem
Founders: Aisling Teillard, Clare Bonham
Transaction Type: Full Sale
Buyer: beqom
Financial Advisors: Venero Capital Advisors
We needed an advisor to help us evolve this successful partnership into a landmark acquisition.
Venero’s expert guidance was instrumental in shaping our acquisition by beqom. They helped us navigate every stage of the discussion, ensuring that the final agreement was a win-win for both sides. The deal was designed to leverage the best of both companies, creating an industry-first platform that could align personalized rewards with real-time performance data and feedback.
The combination of Our Tandem’s next-generation performance capabilities with beqom’s comprehensive compensation solution was a perfect match, and Venero was the catalyst that made it happen. They helped us secure an outcome that would accelerate our product roadmap and allow both teams to continue growing and innovating together.
The Venero team has been an invaluable partner for us from the very start of the discussions and all the way to signing. Their in-depth sector expertise and deal experience has been instrumental in securing this transformational transaction for Our Tandem.
The acquisition, announced marked the beginning of a new era. Together with beqom, we are transforming how organizations manage and reward their people, building happier, higher-performing teams.
Our story is a testament to the fact that even with a strong existing partnership, having the right advisor is crucial to unlocking the full potential of a strategic combination. An investment bank fosterσ disciplined urgency and confidence on both sides, creating momentum without undermining trust. Venero was the invaluable partner who helped us turn synergy into a truly transformative transaction.
To achieve our international ambitions, we needed an advisor with a global perspective and a proven ability to run a competitive process.
When our preferred buyer unexpectedly walked away mid-process, it could have been devastating. Instead, it became a testament to the value of working with advisors who persevere through setbacks and find solutions when others might give up.
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