The Real Story Behind Sodexo's Acquisition of Inspirus

Behind every press conference and public announcement is the real story. When Paris-based Sodexo (one of the largest companies in the world) announced it had acquired Inspirus, an employee engagement software company with a more-than-100-year history in rewards and recognition, there were a lot of questions in the human capital management (HCM) market segment.

Press releases from France and Texas tell one story — a story of the world’s largest quality-of-life company teaming up with an innovative recognition software company to build the leading global employee engagement solution. But the executives from each company tell quite another story — a story about people, joy and century-old legacies.

To get the real story, we sat down with Mia Mends (the incoming CEO of Inspirus from Sodexo Benefits and Rewards Services, USA) and Pete Chambers (the outgoing CEO of Inspirus). We asked them tough questions about the past, present, and future. Here is what they had to say.

Interview by Charlla Davis, Sept. 6, 2016

Let's address the elephant in the room... How much did Sodexo pay for Inspirus?
Mia: [Laughs] You know … That is definitely the first question that everyone asks.

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