logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Jobs For The Future Acquires Second Chance Hiring Program From Dave'S Killer Bread Foundation

Dec 08, 2022almost 3 years ago

Acquiring Company

Jobs

Acquired Company

Chance Hiring Program

Description

Jobs for the Future (JFF), a national nonprofit driving transformation in the American workforce and education systems, today announced it has acquired the nationally-respected Second Chance Hiring program from Dave's Killer Bread Foundation (DKBF), a nonprofit leader in creating employment opportunities for people with criminal records and equipping business leaders to adopt fair chance hiring practices. The addition of the program to JFF's portfolio of innovative workforce programs will expand the impact of its Center for Justice & Economic Advancement (the Center), which is working to improve employment opportunities for people with records nationwide.

Company Information

Company

Jobs

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