LONDON, UK, December 19, 2022 – SHL, the global leader in Talent Insight, today announces it is selling PDRI, a trusted provider of the workforce assessment services to US federal government agencies, to Pearson, the world’s leading learning company.
“SHL has transformed its business to provide SaaS solutions to help global organizations better measure and manage the potential in their workforce,” said Andy Bradshaw, CEO SHL. “This transformation has moved SHL further towards repeatable packaged solutions for global commercial customers. The needs of the US Federal Government are less aligned to SHL’s strategic direction, making this a positive move for SHL and PDRI.”
The consideration for PDRI represents an enterprise value of $190m. Completion of the acquisition is expected to occur during H1 2023 subject to regular closing conditions, including any required regulatory filings or approvals.
Elaine Pulakos, Chief Executive Officer of PDRI said: “Pearson has an excellent reputation in the assessments field, and we are excited to become a part of their growth strategy. 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.”
SHL, the global leader in Talent Insight, transforms businesses by leveraging the power of people, science, and technology.
Our unrivaled scientifically-backed workforce data and highly validated talent solutions provide your organization with the insights needed to optimally leverage your people’s potential and maximize business outcomes. We equip recruiters and leaders with people insights at an organization, team, and individual level, accelerating growth, decision-making, talent mobility, and inspiring an inclusive culture that supports game-changing agility.
With 45+ years of talent expertise, we are the trusted technology partner to more than 10,000 companies worldwide, across more than 150 countries, including 50% of the Fortune Global 500 and 80% of the FTSE 100. For more information, visit shl.com.
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.
Since 1975, PDRI has built a global reputation of excellence by designing, developing and implementing high-quality, innovative talent management solutions that adhere to the highest principles of professional practice. PDRI’s suite of integrated talent management solutions helps government and commercial clients hire, train, develop, manage and motivate high-performance organizations. For more information visit pdri.com.