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M&A Deal Summary

Project Management Institute Acquires Net Objectives - FLEX

On September 25, 2019, Project Management Institute acquired information technology company Net Objectives - FLEX from Net Objectives

Acquisition Highlights
  • This is Project Management Institute’s 1st transaction in the Information Technology sector.
  • This is Project Management Institute’s 2nd transaction in the United States.
  • This is Project Management Institute’s 1st transaction in Washington.

M&A Deal Summary
Date 2019-09-25
Target Net Objectives - FLEX
Sector Information Technology
Buyer(s) Project Management Institute
Sellers(s) Net Objectives
Deal Type Divestiture

Target

Net Objectives - FLEX

Washington, United States
Net Objectives' FLEX is an approach based on Lean-Thinking and patterns to improves an organization’s ability to achieve business agility and quick realization of value predictably, sustainably and with high quality. The company guides an organization on how to remove the cost of delay for an organization developing software either to be used as a product or in an IT environment.

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Buyer(S) 1

Buyer

Project Management Institute

Newtown Square, Pennsylvania, United States
Category Company
Founded 1969
Sector Business Services
DESCRIPTION

Project Management Institute delivers value for more than three million professionals working in nearly every country in the world through global advocacy, collaboration, education, and research. Project Management Institute advance careers, improve organizational success and further mature the project management profession through globally-recognized standards, certifications, communities, resources, tools, academic research, publications, professional development courses, and networking opportunities. As part of the PMI family, ProjectManagement.com creates online global communities that deliver more resources, better tools, larger networks, and broader perspectives.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-09 Disciplined Agile

United States

Disciplined Agile, Inc. approach to help individuals and teams make informed choices, improve their way of working, and help organizations streamline agile and leans strategies to make better decisions. Certified Partners and Coaches provide a customized experience to help optimize IT solution delivery for true business agility. Companies increasingly depend on certified Disciplined Agile coaches and our Partners to accelerate the delivery of business value using disciplined agile strategies that reflect the realities of agile delivery in complex enterprise situations.

Buy -

Seller(S) 1

SELLER

Net Objectives

Seattle, Washington, United States
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Net Objectives, Inc. provides both fully integrated Lean-Agile training, consulting and coaching solutions for business, management, teams, and individuals as well as a complete set of technical training to support these services. Net Objectives was formed in 1999 and is based in Seattle, Washington.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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