Add-on Acquisition • Internet Software and Services

Careerminds Acquires Progression

On October 8, 2024, Careerminds acquired internet software and services company Progression

Acquisition Context

This is Careerminds’ 1st transaction in the Internet Software and Services sector.
This is Careerminds’ 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	October 8, 2024
Target	Progression
Sector	Internet Software and Services
Buyer(s)	Careerminds
Deal Type	Add-on Acquisition

Target Company

Progression

London, United Kingdom

Progression is a SaaS software company that develops advanced AI platforms to enable organizations to establish career frameworks and job architectures. This innovative solution empowers employees to enhance their skill sets, supporting both upskilling and reskilling efforts to help them realize their full career potential. Progression was formed in 2019 and is based in London.

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Buyer Overview 1

Buyer

Careerminds

Wilmington, Delaware, United States

Category	Company
Founded	2008
Sector	Information Technology

DESCRIPTION

Careerminds provides contemporary outplacement, leadership, and career development solutions. The company combines cutting-edge AI technology with personalized, one-on-one career coaching for all job levels in major markets around the world. Its modern approach allows the company to deliver industry-leading results including job seekers landing new jobs and employees looking to grow and maximize their potential within their careers. Careerminds was formed in 2008 and is based in Wilmington, Delaware.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United Kingdom	1 of 1
Year: 2024	1 of 1

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