Ilearningengines Acquires In2Vate

Apr 04, 2022•over 3 years ago

Acquiring Company

iLearningEngines

Acquired Company

in2vate

BethesdaScience And EngineeringData And AnalyticsSoftwareEducation

Description

iLearningEngines Inc, an enterprise software leader in AI powered learning automation has acquired in2vate LLC, headquartered in Tulsa, Oklahoma, a risk management and learning platform provider. Their clients provide coverage for liability, workers compensation, healthcare, law enforcement, and cyber security sectors. In2vate serves more than two million users delivering high impact risk management programs and services to enterprises, educational institutions, health systems and law enforcement organizations.

Company Information

Company

iLearningEngines

Location

Bethesda, Maryland, United States

About

iLearningEngines (iLE) is the market leader in cloud-based, mission critical training for enterprises. Deloitte has ranked ILE as the top 20 fastest growing company in North America in 2020 on the Deloitte Technology Fast 500, and #5 in 2019 Deloitte Fast 500. The Company’s AI and Learning Automation platform is used by enterprises to productize their enterprise knowledge for consumption throughout the enterprise. iLearningEngines is being deployed in some of the most regulated and detail-oriented vertical markets including healthcare, education, energy, transportation and the military. The intense demand for scalable, outcome-based training has led to marquee customer wins across several industry verticals.

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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