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Betterup Acquires Leading Emotion Ai And People Technology Companies To Accelerate Growth

Sep 17, 2021•over 4 years ago

Acquiring Company

BetterUp

Acquired Company

Companies

AustinScience And EngineeringEducationSoftware

Description

BetterUp, the inventor of virtual coaching and global leader in whole person transformation for the enterprise, has acquired two advanced technology software companies, Motive and Impraise. The merging of the companies and their teams will further enable BetterUp to harness the powerful combination of technology and human insight to help people maximize their potential.

Company Information

Company

BetterUp

Location

3100 E 5TH ST., SUITE 350

Austin, Texas, United States

About

At BetterUp, we’re bringing the power of human transformation to individuals and workforces everywhere. Our mission? To help people everywhere pursue their lives with greater clarity, purpose, and passion. The BetterUp experience brings together world-class coaching, AI technology, and behavioral science experts to deliver change at scale — improving personal and organizational resilience, adaptability, well-being, and productivity. The results? Individual transformation meets organizational growth.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed