Bertelsmann Investments strengthens EMBRACE offering with acquisition of VOCANTO
Marc Nemitz | 04.12.2024E-learning meets HR tech. With VOCANTO, EMBRACE offers a complete solution for the entire candidate journey - from attraction to retention.
Gütersloh/Cologne, December 4, 2024 - Bertelsmann Investments has expanded the EMBRACE Family of Brands with the acquisition of VOCANTO, a digital learning platform for trainees. The acquisition strengthens the "Young Talents" segment and complements existing brands such as Ausbildung.de, Studyflix, MeinPraktikum.de and Trainee.de with innovative e-learning offerings.
VOCANTO offers over 40 e-learning programs for training occupations and supports more than 2,000 corporate customers and 40,000 trainees and trainers throughout Germany. The company remains independent, with founders Stephan Hansen and Johannes Schulte and the 40-strong team at the helm.
Retention in the candidate journey
With VOCANTO, EMBRACE is expanding its portfolio from pure employee recruitment (attraction and hiring) to offerings for retention.
VOCANTO is the best provider in the field of e-learning for trainees and fits perfectly with our existing platforms such as Ausbildung.de and Studyflix.
Felix von Zittwitz, CEO of Ausbildung.de
The platform offers a holistic approach for training companies that covers the entire life cycle of trainees - from recruitment to retention. Founders Hansen and Schulte emphasize the synergies: "Together in the EMBRACE family, we can take dual vocational training to a new level and support companies even better."
Growth strategy under Bertelsmann Investments
The acquisition of VOCANTO is part of EMBRACE's buy & build strategy under the umbrella of Bertelsmann Investments. Christian Hansmann, CFO of EMBRACE, announces further acquisitions: "This is the next logical step on our way to building the leading HR tech ecosystem in the German-speaking region."
EMBRACE bundles HR solutions in the areas of recruiting, retention and HR tech and employs over 550 people at six locations in Germany. The aim is to build a comprehensive HR tech ecosystem that makes the world of work more technological and more human.
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