JEGI CLARITY has advised Gartner on the sale of Metrics That Matter (MTM), a provider of Learning and Development (L&D) data and analytics solutions, to Explorance, a provider of Learning Journey Analytics (LJA) solutions.
MTM’s SaaS-based platform enables large corporations to continuously measure, evaluate and increase the effectiveness of their employee Learning and Development investments. Underpinned by proprietary research methodologies and benchmarks, the platform empowers clients to eliminate wasted program expenses, maximize impact from L&D programs, and align results with broader corporate objectives. MTM supports strategic talent decisions, moving beyond big data to optimizing workforce learning investments against business-critical skills and competencies.
Gartner’s sale of MTM is one of three successful and simultaneous divestitures led by JEGI CLARITY following Gartner’s significant acquisition of Corporate Executive Board (CEB). JEGI CLARITY assisted Gartner with a strategic review of potential non-core assets resulting from the CEB transaction and designed and executed a divestiture program to maximize the value of identified businesses with minimum displacement to employees and clients.
In choosing JEGI CLARITY to represent Gartner on three very different divestitures in separate, but overlapping processes, they fulfilled our highest expectations in every way. At the core of JEGI CLARITY’s success in delivering an exceptional outcome for Gartner were their very disciplined yet pragmatic approach, their in-depth knowledge of the marketplace and buyer pools, their ability to both craft a nuanced story that resonated with buyers and present complex transaction issues clearly, and their hearty appetite for hard work and long hours. We had the full attention of JEGI CLARITY’s deep team from start to finish, which enabled them to stay on schedule and deliver maximum value on each of the transactions. In short, the JEGI CLARITY Team is the real deal.
Christian Keane, Group VP, Corporate Development, Gartner