Workiva acquires Sustain.Life for $100M in cash, adding carbon accounting platform

WORKIVA INC

Total purchase price $100M, subject to customary adjustments; merger closed immediately on June 17, 2024.
Workiva deposited $10M escrow for seller obligations and $1M for consideration adjustments.
Sustain.Life shareholders receive pro rata cash consideration; equity awards canceled or accelerated.
Acquisition strengthens Workiva's ESG reporting capabilities with carbon tracking software.

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