Podium Education Acquires Untapped, The Early Career Talent Platform For Top Companies, To Close The College-to-Career Gap
Feb 20, 2024•over 1 year ago
Acquiring Company
Podium Education
Acquired Company
Untapped
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.
M&A Insights
Based on deal dataIntegration 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