M&A Deal Summary

PowerToFly Acquires Skillcrush

On May 21, 2024, PowerToFly acquired internet software and services company Skillcrush

Acquisition Highlights
  • This is PowerToFly’s 1st transaction in the Internet Software and Services sector.
  • This is PowerToFly’s 1st transaction in the United States.
  • This is PowerToFly’s 1st transaction in New York.

M&A Deal Summary

Date 2024-05-21
Target Skillcrush
Sector Internet Software and Services
Buyer(s) PowerToFly
Deal Type Add-on Acquisition

Target

Skillcrush

New York, New York, United States
Skillcrush is an education platform providing technical upskilling for underrepresented professionals. Skillcrush was founded in 2012 and is based in New York City.

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Buyer(S) 1

Buyer

PowerToFly

New York, New York, United States

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

PowerToFly is an end-to-end diversity, equity, and inclusion human resources technology solution focused on talent attraction, acquisition, and retention of underrepresented talent. Through a single, unified platform, the Company provides employers with a solution for talent acquisition, hiring, upskilling, and retention, and candidates with free access to job events/boards and educational job resources such as mentorship and training. PowerToFly was founded in 2014 and is based in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1