Mo has been acquired by UKG
November 2025 — UKG Inc., an American HR technology company, has acquired Mo, a UK-based employee engagement platform previously owned by Calculus Capital. The acquisition forms part of UKG’s strategy to expand its employee engagement and recognition capabilities, with Mo’s technology now embedded within UKG Beacon, an AI-powered platform that integrates recognition with workforce analytics to help businesses improve employee engagement and retention.
Mo uses its proprietary technology to help organizations drive employee engagement and strengthen workplace culture through real-time recognition and peer-to-peer appreciation tools. The platform is trusted by organizations seeking to build more connected, people-focused teams and is used in more than 45 countries by clients such as SHL, the O2 and William Hill.
UKG is a leading global AI platform for HR, pay and workforce management. Combining award-winning solutions with the world’s largest collection of workforce data and people-first AI, UKG delivers insights into today’s workforce, helping organizations across all industries turn data into decisions that elevate productivity, culture and customer experience. More than 80,000 organizations across 150 countries rely on UKG, with tens of millions of employees — from small businesses to global enterprises — using the company’s technology every day.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised the shareholders of Mo, the UK-based award-winning reward and recognition platform, in its sale to UKG.
Luke Fisher
Founder and CEO, Mo
Talk to the deal team
Related deals
Be-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn moreENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreFreeway Fleet Systems has been acquired by Movement Software
Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.
Learn more