PepTalkHer Acquires Mettacool in Bid to Secure Promotions for 100,000 Women
26 Junio 2024 - 8:00AM
Business Wire
Deal marks significant milestone for both
female-founded organizations seeking to foster professional growth
and equitable pay among women.
PepTalkHer, a leading executive coaching platform and app
dedicated to fostering professional growth and equitable pay,
announces the acquisition of like-minded coaching platform
Mettacool.
The deal marks a significant milestone for both female-founded
organizations, which are notably both self-funded and profitable.
Despite the rapid rise in women-owned businesses in the United
States, the acquisition landscape remains predominantly dominated
by male-owned enterprises.
A boon for women-led business expansion
Less than 5% of companies that are acquired or acquire
businesses are led by women, and less than 2% of female-founded
businesses ever cross the million-dollar mark.
“We hope this announcement of us bucking the trends is a
reminder to all women in business of what’s possible,” said Meggie
Palmer, CEO and Co-Founder, PepTalkHer.
The acquisition will expand PepTalkHer’s global reach and
enhance its leadership program offerings.
The company supports Fortune 500 clients, including Salesforce,
Novartis, and PwC, with leadership programming and executive
coaching to support retention and promotion of underrepresented
talent. One program saw a client’s attrition rate fall from 20% to
less than 5% after a 9-month PepTalkHer program rollout.
The company also has the free PepTalkHer App, which is a career
tracker. Its global community is made up of more than 60,000
professionals.
Founded in 2018, Mettacool is recognized as a trailblazer in
cohort-based, coaching-focused leadership development programs for
women and other groups of underrepresented talent. A
WBENC-certified consultancy, their client roster includes major
enterprises like Dell, John Deere Financial, LVMH, and Electronic
Arts.
“The current state of play for women at work is clearly not
where it needs to be. This acquisition gives PepTalkHer a bigger
platform and team to support more employers of choice who are
looking to retain diverse talent and close the pay and leadership
gap. We’re just getting started and look forward to aggressively
growing our impact in the years ahead,” said Palmer.
Mettacool’s programs focus on delivering research-backed
programs to first-time managers and individual contributors. Their
proprietary programs will now join PepTalkHer’s suite of
educational programs targeted at mid-senior leaders and
high-potential talent.
Mettacool founders and co-CEOs, Molly Dewey and Natalie Eicher
are thrilled:
“We are incredibly proud of rapidly growing Mettacool from the
early bootstrap days to a profitable, 7 figure business. This
acquisition will only further our mission of promoting and
advancing women at a time when it has never been more important,”
said Dewey.
“Bringing both organizations’ powerhouse programming together
under one roof will continue to inspire positive change and make a
meaningful difference in the lives of others," said Eicher.
Both Dewey and Eicher will serve as advisors through 2024 to
ensure a smooth transition.
For more information, visit https://www.peptalkher.com/, and
please find images for use here.
About PepTalkHer: PepTalkHer is on a mission to close the
pay and leadership gap. Fortune 500 companies trust PepTalkHer to
diversify their talent pipeline and improve retention of female
leaders. PepTalkHer supports 60,000 professionals through its App,
coaching and community engagement globally. PepTalkHer executive
coaching empowers professionals to steer through career challenges,
maximize their potential, and achieve success in both their
personal and professional lives.
About Mettacool: Founded in 2018, Mettacool is a
WBENC-certified leadership development consultancy that works with
large corporations in more than 40 countries to install well-being
and coaching services, primarily focused on retaining and advancing
female employees. It’s positively impacted the personal and
professional trajectories of thousands of women around the world
through its programming.
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Alexandra Edel partnerships@peptalkher.com 310-804-0677