Paycor HCM, Inc. (Nasdaq: PYCR), a Cincinnati, OH-based provider of human capital management (HCM) software, will acquire Verb, a Austin, TX-based people development platform incorporating behavioral science and proprietary microlearning content to create best-in-class workplace training.
The amount of the deal was not disclosed.
Paycor plans to fully integrate Verb into its HCM platform and accelerate the development of Paycor Paths, a new product designed to help organizations inspire positive and sustainable behavior change within their frontline leaders through a series of personalized development journeys. As part of Paths, Verb will enable Paycor’s customers to deliver personalized and effective employee learning experiences at scale.
Led by Suzi Sosa, Chief Executive Officer, Verb is a behavioral science-based microlearning platform that’s built to easily upskill and develop managers and their frontline teams. Verb has a library of 100+ hours of proprietary, bite-sized soft skills content that addresses a variety of talent development needs. The company enables HR and Learning & Development leaders to choose between pre-built, ready to launch learning programs or to develop a custom learning program, such as manager training, leadership development, employee onboarding and DE&I training.
Paycor provides a human capital management (HCM) platform that modernizes every aspect of people management, from recruiting, onboarding, and payroll to career development and retention. The company currently serves more than 30,000 customers.
FinSMEs
26/04/2023