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Valamis Announces Acquisition Of The Working Manager To Redefine Internal Career Development

Jul 22, 2021over 4 years ago

Acquiring Company

Valamis

Acquired Company

Valamis

Description

Valamis, the global leader in digital learning technologies and workforce development, has announced the acquisition of The Working Manager (TWM), a leader in organisational performance and career mobility technology. Valamis and TWM have entered into a definitive agreement to join together and unify technologies and in-house consulting services to offer businesses an end-to-end employee experience that helps employees develop and find career opportunities.

Company Information

Company

Valamis

About

Valamis helps companies with the digitalization of learning to stay competitive and bring an excellent learning experience for their employees.

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