Lepaya acquires Krauthammer to become Europe's largest corporate EdTech provider for learning and development programs
Lepaya, the Dutch EdTech specialist in business learning and development programs, is acquiring Krauthammer, a provider of training for senior leadership and commercial excellence. The acquisition contributes to Lepaya's mission to enhance people's potential so they can make more impact in business.
With the acquisition of Krauthammer, Lepaya further addresses the need for large corporations to offer top-quality leadership training to their senior management, further supporting the transformation of businesses worldwide.
The acquisition makes Lepaya the largest corporate EdTech provider for learning and development in Europe with more than 400 employees across Amsterdam, London, Berlin, Munich, Stockholm, Paris, Zurich, Brussels and Shanghai. Worldwide, Lepaya now serves more than 1,000 clients, including ING, Dell, Maersk, Backbase and Freudenberg.
As companies face the challenge of doing more work with fewer people in the current economic climate, the need for impactful and scalable approaches to staff training and upskilling is more relevant than ever. The demand for tangible learning outcomes is rising, increasing the need for platforms that make an impact with innovation and engagement. Therefore, combining Krauthammer's expertise in in-depth training with Lepaya's proven platform-driven approach is an important step forward in this sector. The combined organization will become the most advanced capability-building platform for clients.
Since its founding, Lepaya has consistently combined organic growth with successful acquisitions. Having acquired AI technology companies such as Munich-based VCoach (now Lepaya AI-Coach), Amsterdam-based Smartenup and the recent acquisition of London-based SpeakFirst, Lepaya has successfully integrated product portfolios. In doing so, the company has helped existing portfolios and world-class solutions accelerate their social impact by scaling faster and reaching more businesses and learners.
Lepaya's technology proves that by combining VR technology with face-to-face learning, learning effects increase by 20 percent. Because innovation is also becoming increasingly important for Krauthammer's clients, Lepaya's acquisition came as a logical next step in the organization's mission to be at the forefront of the training industry.
The acquisition of Krauthammer is a significant step forward for Lepaya. With it, Lepaya becomes the premier platform for the world's largest organizations to increase productivity and employee retention."In the barely five years of existence, we are already impacting the lives of more than 250,000 employees, a great achievement on the way to our ultimate goal of helping the entire global workforce of 3.3 billion."