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Pearson Acquires Digital Credentialing Leader Credly

Jan 31, 2022•over 3 years ago

Acquiring Company

Pearson

Acquired Company

Digital Credentialing Leader

LondonSoftwareEducation

Description

Pearson, the world's leading learning company, today announced it has acquired Credly, the market leader in digital workforce credentialing. The acquisition of Credly, in which Pearson already has a nearly 20% stake, will expand the company's presence in the workforce skills sector, adding a robust credentialing service to its workforce analysis, learning and assessment capabilities.

Company Information

Company

Pearson

Location

London, England, United Kingdom

About

Learning is the most powerful force for change in the world. More than 20,000 Pearson employees deliver our products and services in nearly 200 countries, all working towards a common purpose – to help everyone achieve their potential through learning. We do that by providing high quality, digital content and learning experiences, as well as assessments and qualifications that help people build their skills and grow with the world around them. We are the world's leading learning company. Learn more at pearsonplc.com SOURCE Pearson

FundzWatch™ Score

80
High M&A Activity

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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