Mind Tools acquired by Bingley based global learning resource firm
Global provider of research and learning resources Emerald Group has announced the acquisition of digital learning and support company Mind Tools.
Emerald Group, which is headquartered in Bingley, offers a range of educational resources for academic and corporate learning.
The acquisition of Mind Tools, which has over 24 million users around the world, will bolster Emerald Group’s existing knowledge as well as help the company to respond to a growing need for adaptable and high performing educational tools.
Commenting on the acquisition, Peter Casebow, CEO of Emerald’s corporate learning division said: “This is a perfect fit for Emerald in our continuing goal of providing solutions rooted in a firm evidence base and with a practical impact.
“We already provide a leading performance support solution in the business user market. Together with Mind Tools, we can provide the best experience to customers and users, whether they’re accessing our resources at work or as part of learning in their everyday lives.”
Following the acquisition, Mind Tools co-founders James and Rachel Manktelow will step back to pursue other interests. CEO Ollie Craddock now joining Peter and the Emerald Group board in leading the company.
Co-founder James explained: “We are very pleased and proud to see Mind Tools join Emerald. Over the past two decades, together with our team of wonderful and talented people, we’ve built a solution and resources that help millions of people thrive at work.
“With Emerald, Mind Tools has found a great new home for the next phase of its growth.”
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