As the pandemic reached global proportions and entire workforces shut down, laid off large numbers or moved to remote operations, the training world continued to spin — albeit, perhaps more slowly than normal.
While mergers and acquisitions seem to have slowed down in April, there was still substantial activity in the training market in January, February and March.
If the end of 2019 was any indication, the sales training market is positioned to thrive in 2020. To better understand the trends driving the market, let’s reflect on some of the major sales training M&As that closed out 2019.
Kartesia is pleased to announce the completion of the acquisition of Richardson, a global sales training leader headquartered in Philadelphia, PA, which will merge with Kartesia’s existing portfolio company, Sales Performance International (SPI).
We are almost at the end of the year. As we do every quarter, let’s take a look at the mergers, acquisitions and investments that happened over July, August and September 2019.
The second quarter of 2019 saw significant activity in assessment and evaluation, compliance training, e-learning, IT and technical training, leadership training, learning technologies and human capital management (HCM) platforms, and sales enablement.
The first quarter of 2019 saw significant activity in compliance training, e-learning and learning technologies, and performance management and HCM (human capital management) platforms.
After a company is acquired or merges with another business, each department, including learning and development, needs to merge, too.
From leadership and sales training to learning technologies and performance management tools, the M&As of the last quarter of 2019 reflect industry trends.