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Podium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap

Feb 20, 2024over 1 year ago

Acquiring Company

Podium Education

Acquired Company

Untapped

AustinSan FranciscoEducation Administration ProgramsSoftware Development

Description

Podium Education, the nation's fastest-growing experiential education company, has acquired Untapped, the all-in-one early career talent platform that connects students with top companies. This acquisition will link over 1 million undergraduate students from Podium's 60+ partner universities with early career job and internship opportunities on the Untapped platform, accelerating Podium's mission to provide real-world experience and in-demand skills to undergraduate students.

Company Information

Company

Podium Education

Location

Austin, Texas, United States

About

We believe that everyone deserves access to a high quality higher education that results in a great career. Podium partners with universities to supercharge the undergraduate degree with experiential programs that deliver in-demand skills and experiences.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed