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Peoplegrove Acquires Jobzology® And Their Flagship Product Pathwayu Strengthening Science-Based Academic And Career Exploration Capabilities

Aug 08, 2023•over 2 years ago

Acquiring Company

PeopleGrove Inc.

Acquired Company

jobZology & PathwayU

San FranciscoEducationEducation

Description

PeopleGrove, Higher Education’s first and only Career Access Platform for career development, experiential learning, and alumni engagement, is excited to announce its acquisition of jobZology and its flagship product, PathwayU. This strategic move fortifies PeopleGrove's commitment to offering innovative academic and career advising capabilities that intelligently guide learners along their professional journeys.

Company Information

Company

PeopleGrove Inc.

Location

240 Stockton Street

San Francisco, California, United States

About

PeopleGrove’s mission is to ensure that every learner has the ability to successfully navigate to their next professional step in life. As the provider of higher education’s first and only Career Access Platform, PeopleGrove provides lifelong career learning, high-impact experiences, and social capital access for millions of students and alumni around the world. Founded in 2015, PeopleGrove works with over 650 institutions including Yale, Stanford, the University of Texas San Antonio, the University of Michigan, Georgetown, and the University of Maryland Global Campus. Recognized as an industry leader, PeopleGrove has been included on the Inc. 5000 list of fastest-growing companies. To learn more about PeopleGrove, visit https://peoplegrove.com

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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