As it celebrates its 50th anniversary, Emerald Group further advances its lifelong aim of delivering research with a practical impact
The move brings together two businesses with the shared goal of delivering rigorous research that has a practical impact in business and management.
As industries continue to be transformed by the digital environment, organizations and their staff need to continuously relearn and upskill to meet new challenges and opportunities. This strategic acquisition by Emerald reflects its aim to help business professionals and managers learn and make decisions based on the best evidence.
Richard Bevan, Emerald Group CEO, comments: “We’ve been extremely impressed by the work of Towards Maturity over the last 14 years, in advancing understanding among the professional learning community and helping organizations use learning data to directly improve their business performance.
“The work of the Towards Maturity Community Interest Company, of which Emerald Group is a strategic partner, aligns with the values of Emerald and our Chairman, Dr Keith Howard, as reflected in his support for lifelong learning since Emerald’s foundation in 1967. We are committed to ensuring the work of the community group continues with independence and integrity as part of a company that shares its values and aims.”
Laura Overton, CEO of Towards Maturity, adds: “We are thrilled to now be part of the Emerald Group family. Our independent benchmark programme supports business impact through learning innovation and has now reached 55 countries. The support of a global business and research network will help take the important work of the community to a bigger stage.
“Emerald Group’s vision of helping their communities make decisions that count based on research that matters is an aim we firmly share, and this announcement comes at a timely moment as we have opened our latest industry benchmark to L&D leaders around the globe.”
Towards Maturity will join Emerald Group, effective from 31 May 2017, and will continue to operate as an independent business, led by Laura Overton as CEO.
Towards Maturity were advised by Fergus Payne of Lewis Silkin LLP. The Group were advised by Jonathan Procter of DLA Piper LLP.
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About Emerald Group: www.emeraldgroup.com
Bringing research to life
Emerald Group’s heritage is publishing research that translates theory into reality.
Over the years we’ve helped thousands of people to do this and built a group of businesses that help connect and inform the worlds of research, education and learning.
About Towards Maturity: www.towardsmaturity.org
Towards Maturity is an independent research company that provides expert advice and support to help organizations accelerate business performance through learning.
It leverages the data of its longitudinal Benchmark Study, the largest learning strategy benchmark in the world. Since 2003, over 5,500 organizations and 35,000 learners have contributed to the Towards Maturity Benchmark. Learn more about the Towards Maturity Benchmark and model at: www.towardsmaturity.org/benchmark
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