M&A Deal Summary

Careerminds Acquires Progression

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

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

M&A Deal Summary

Date 2024-10-08
Target Progression
Sector Internet Software and Services
Buyer(s) Careerminds
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2024 M&A 1 of 1