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Announced

Completed

Pearson completed the acquisition of PDRI for $190m.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

consulting services

Majority

United States

workforce assessment

Friendly

Management Consulting

Cross Border

Private

Acquisition

Completed

Synopsis

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Pearson, a British multinational publishing and education company, completed the acquisition of Personnel Decisions Research Institutes, a provider of workforce assessment services, for $190m. "We are pleased to have completed the acquisition of PDRI, which provides an excellent opportunity to expand our reach in this strategically 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. We look forward to welcoming the PDRI team to Pearson and together we will be fully focused on executing against the growth opportunity ahead," Andy Bird, Pearson CEO.

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