July 1, 2021
Clearsight Advises Pluma in its Acquisition by Skillsoft
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Technology Enabled Services and Employee Engagement practices. Clearsight served as financial advisor to Pluma, Inc. (“Pluma” or “The Company”) in its acquisition by Skillsoft (NYSE: SKIL).
Founded in 2015, Pluma’s customizable digital platform offers executive-quality coaching that is personal, scalable, actionable and measurable. The Company is committed to leading with authenticity and providing outstanding service. Pluma partners with Fortune 1000 clients and global enterprises including Adobe, Dropbox and Gap to support and develop their employees so they can thrive as leaders.
The acquisition deepens Skillsoft’s Leadership Development portfolio, adds a new modality to its blended learning model and marks Skillsoft’s entry into individualized coaching. Pluma will be integrated into Skillsoft’s AI-driven, immersive Percipio platform, and Skillsoft’s existing customers will gain access to Pluma’s highly skilled coaches and their expertise.
Pluma Co-founder and CEO Alexandra Connell commented on the deal, “The Clearsight team’s collaborative nature and depth of industry knowledge across the digital corporate training space was instrumental in achieving a great outcome with Skillsoft.”
Clearsight Co-founder and Managing Director Bhavin Patel noted, “Alexandra and the Pluma team are industry pioneers in the digital coaching space and their combination with Skillsoft will allow the team to rapidly accelerate its mission of delivering digital first leadership and coaching solutions at scale.”
Clearsight Associate Emily Kasprzak added, “Alexandra and the Pluma team built an impressive leadership development platform designed to meet the needs of today’s digitally-native workforce. We are excited to see the progress of Pluma’s growth journey with Skillsoft to create a highly differentiated market leader.”
The Clearsight deal team included Bhavin Patel, Emily Kasprzak and Claire Duchene.