TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
Pearson to acquire workforce assessment provider PDRI for $190 million

News • 20th Dec 2022 • 1 Min Read

Pearson to acquire workforce assessment provider PDRI for $190 million

Learning & Development#MergersAndAcquisitions

Author: Mamta Sharma Mamta Sharma
2.3K Reads
Acquisition to significantly expand Pearson's services to US federal government.

London-based education publisher Pearson has entered into an agreement with SHL Group to acquire workforce assessment services provider Personnel Decisions Research Institutes, LLC (PDRI).

PDRI has significant expertise in providing assessment solutions to the US federal government, one of the largest employers in the US with more than 4 million employees. 

The consideration for PDRI represents an enterprise value of $190 million, which will be funded from Pearson's existing cash and available liquidity. 

Completion of the acquisition is expected to occur during H1 2023 subject to regular closing conditions, including any required regulatory filings or approvals. 

This acquisition further expands Pearson's portfolio, accelerating the company's strategy to capture new market opportunities and grow its presence with large employers.  

PDRI will join Pearson's assessment & qualifications division. Within this division, Pearson and PDRI already have an established, strong working relationship, partnering to deliver high quality assessments to federal jobseekers at Pearson VUE test centers. 

"We are pleased to have the opportunity to expand this important market for Pearson and our assessments business. Pearson and PDRI share a culture and commitment of serving trusted, secure, and innovative assessment solutions to major employers and millions of people looking to establish and grow their careers," said Andy Bird, chief executive of Pearson. 

"Together, we will have a stronger proposition and a larger platform from which to drive future growth."   

"Pearson has an excellent reputation in the assessments field, and we are excited to become a part of their growth strategy," said Elaine Pulakos, chief executive officer of PDRI. 

"There is a significant opportunity to learn from each other to further improve our products and reach more customers with our proven assessment and talent solutions." 

Read More

Did you find this article helpful?


You Might Also Like

BetterManager raises $16 Mn in series A funding

NEWS • 19th Dec 2022 • 1 Min Read

BetterManager raises $16 Mn in series A funding

Learning & DevelopmentHR TechnologyFunding & Investment
LRN acquires Thomson Reuters business unit

NEWS • 2nd Dec 2022 • 1 Min Read

LRN acquires Thomson Reuters business unit

Learning & Development#MergersAndAcquisitions
Meet top HR leaders on People Matters Unplugged

NEWS • 28th Nov 2022 • 1 Min Read

Meet top HR leaders on People Matters Unplugged

LeadershipC-SuiteLearning & DevelopmentCultureDiversity
NEXT STORY: Daniel Alegre joins Bored Apes creator Yuga Labs as CEO

Trending Stories

  • design-thinking-hr

    Stronger together: List of companies that have refused to la...

  • design-thinking-hr

    2023 Layoffs: A timeline of job-cuts in top companies

  • design-thinking-hr

    Token hire? Study shows diversity should NOT be about bottom...

  • design-thinking-hr

    Credit Suisse's 9,000 job cuts just the tip of the iceberg f...

Upcoming Event: View All

Event Title 29 Mar Webinar

2023 Employee Experience Trends

Free 11:00 AM AEST

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.