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Business Support Services | TMT

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.

Parties
“As a founder, choosing the right partner for such an important milestone was crucial. The team were fantastic to work with from start to finish, combining hard work, unwavering support, clear advice and good humor. Oaklins Cavendish were a real extension of our team, and together we achieved a great result for the business.”

Luke Fisher

Founder and CEO, Mo

Talk to the deal team

Mike Dinsdale

Partner
London, United Kingdom
Oaklins Cavendish

Ellen Hudson

Associate Director
London, United Kingdom
Oaklins Cavendish

Scott Miller

Senior Associate
London, United Kingdom
Oaklins Cavendish

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