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Clearlake Capital-backed Cornerstone acquires SumTotal

Cornerstone OnDemand, a specialist in adaptive cloud-based HR software solutions backed by Clearlake Capital Group, has completed its acquisition of SumTotal, a provider of learning and human capital management SaaS), previously a part of Skillsoft.

The combination of Cornerstone and SumTotal provides organisations with more power to build and strengthen their learning and talent management programs and drive greater people growth and business success. Harnessing a shared vision for the future of work, the newly combined company is committed to providing its 7,000+ global customers access to:
 
Jim Gill, EVP Americas at Cornerstone will serve as the General Manager of Cornerstone’s SumTotal business unit. A seasoned Cornerstone executive, Gill previously led teams at both SumTotal and Saba, and brings a wealth of knowledge in highly regulated and complex industries in which SumTotal operates.

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