April 2016 — By
Modern Survey, an employee survey and analytics solutions provider, has been acquired by Aon Hewitt, the global talent, retirement and health solutions business of Aon plc.
Modern Survey creates an aggregated, holistic view of the employee lifecycle through its human capital measurement software. By combining feedback, benchmarks and data from enterprise systems, Modern Survey works with its clients to connect employee performance to company success. This transaction strengthens Aon Hewitt’s suite of workforce analytics solutions, including business and human capital analytics, employee engagement, onboarding and exit surveys and 360-degree feedback.
“Acquiring Modern Survey will help our clients move to continuous employee measurement, aggregated into an intuitive, user-friendly interface, providing fact-based insights to more effectively drive business and employee engagement and performance,” said Michael Burke, CEO of Talent, Rewards & Performance at Aon Hewitt. “This acquisition is the next step in our strategy to partner with our clients to drive business performance through people.”
Modern Survey’s team of more than 40 Minneapolis-based professionals will join Aon Hewitt’s current team of nearly 3,000 talent-aligned professionals, including 350 colleagues in the global engagement practice. The three Modern Survey founders, Patrick Riley, Dan Riley and Don MacPherson, will assume leadership roles in Aon Hewitt’s Talent, Rewards & Performance practice.
“As the war for talent heats up, companies have to take a more integrated and global approach to measuring human capital across the employee lifecycle that goes beyond just an annual employee engagement survey,” said Patrick Riley, CEO and co-founder of Modern Survey. “The combination of Aon Hewitt and Modern Survey—with its strong research capability, fast and nimble technology, depth and breadth of human capital solutions and global scale—is unmatched in the marketplace.”
Harbor View Advisors served as exclusive financial advisor to Modern Survey in the transaction.
Harbor View Advisors provides M&A advisory, turnkey corporate development and strategic consulting to software and technology-enabled business services companies. Our unique approach combines the strategic thinking of a consulting firm with the execution experience of an investment bank to provide clients with the full spectrum of guidance they need to achieve their goals. Whether you are seeking a path to liquidity for your business or are looking to strengthen your corporate development program, we work with your leadership team to solve your toughest challenges.
