CEB, a best practice insight and technology company, has acquired Portland, OR-based Evanta Ventures.

To complete the acquisition, CEB amended its senior secured credit agreement with Bank of America and certain other lenders by adding $150 million to its existing term loan facility and increasing its revolving credit facility by $100 million to a total of $350 million.

Evanta fosters collaboration and the exchange of best practices between information technology and security, human resources and finance leaders through nearly 200 annual events, online and offline learning platforms and subscription information offerings.

“CEB’s mission calls on us to unlock the potential of leaders and organizations by advancing the science and practice of management. Adding Evanta helps us do just that,” said CEB Chairman and CEO Tom Monahan. “Through the acquisition, CEB expands our C-suite and senior executive reach by nearly 50% to more than 30,000 leaders. This year alone, we will have more than 130,000 executive interactions through an unmatched range of avenues helping our customers more effectively manage talent, customer and operations.”