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The Muse Acquires Fairygodboss, The Largest Online Career Community For Women

Oct 12, 2022•about 3 years ago

Acquiring Company

The Muse

Acquired Company

Fairygodboss Inc.

New YorkNew YorkInformation TechnologyEvent ManagementEvents

Description

The Muse, a values-based job search and career development platform used by 75 million people annually, announced today its purchase of Fairygodboss, the largest online career community for women to find jobs, advice, and support. Fairygodboss was founded in 2015 by Georgene Huang and Romy Newman as an authentic career space for all women to feel supported and empowered. The acquisition reinforces The Muse's dedication to make a career match where the people, culture, and values align.

Company Information

Company

The Muse

Location

New York, United States

About

The Muse is the first values-based career platform, helping individuals connect with jobs, companies, and careers that align with their most core values and priorities. We help next-gen job seekers discover their professional priorities and find jobs at companies where the people, benefits, and values align with their unique needs. Organizations use The Muse to attract and hire talent by providing an authentic look at company culture, workplace, and values through the stories of their employees.

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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