TiER1 has acquired two leading learning and development companies: Accelerated Business Results & NewKnowledge United.
TiER1 Performance Solutions announces the acquisition of two leading learning and development companies. Accelerated Business Results (ABR) and NewKnowledge United (NKU), both headquartered in Cincinnati with clients throughout the United States, will join TiER1’s team to strengthen its core talent base and expand its national reach.
“ABR and NKU are both very strategic additions,” said Greg Harmeyer, TiER1’s CEO. “Both companies bring to the table highly experienced, innovative professionals who will deepen our learning and talent capabilities. They also share TiER1’s deep commitment to culture and people, which was very important to us. Together, we will have an even greater impact on creating people-centric solutions that improve the performance of our collective clients.”
Named to the Inc. 5000 List of America’s Fastest-Growing Companies for ten consecutive years, TiER1 continues to expand its core offerings and the geographic markets it serves. Much of TiER1’s growth has occurred through expanding services, including solutions in strategic change, culture, and leadership. The core learning and development capabilities of ABR and NKU will broaden TiER1’s existing services in these areas. In addition, ABR and NKU have deep client relationships and expand TiER1’s geographic presence in Charlotte and Minneapolis respectively.
ABR was founded in 2002 by Amy Fox and grew to become a full-service training provider to help clients build happier employees and organizations. Their solutions have been recognized for excellence in practice by the Association for Talent Development (ATD) and excellence in leadership development and learning by the Brandon Hall Group.
“At Accelerated Business Results, our lane has typically been in the learning and development space; we’ve focused on becoming a trusted partner in these areas,” said Amy Fox, who was CEO of ABR and is now managing director at TiER1. “With TiER1’s expanded capabilities, emphasis on building valuable relationships and holistic approach to solutions that exceed our clients’ expectations, I really see this opportunity as a win-win for our clients, our employees, and TiER1.”
NewKnowledge United, founded in 2014 by Jack Calhoun and Dr. Danny Hoyt, provides custom curriculum and learning services for corporate and academic markets with a strong focus on adaptive eLearning solutions. In addition, NKU offers a comprehensive suite of media creation services. The company has become an industry leader in incorporating technologies to empower clients and their learners to grow intellectually and improve their performance.
“We see TiER1 as a great fit for us culturally, and we also see significant strategic value in combining our infrastructures to better scale,” said Calhoun, who served as president at NKU and will serve as managing director at TiER1. “We hope to leverage the full depth and breadth of TiER1’s capabilities to benefit our clients.”
“We’re thrilled to begin combining our teams,” Harmeyer said. “Both ABR and NKU have deeply experienced teams, great client relationships, and highly innovative consultants. These acquisitions will strengthen the solutions we can offer our current clients and open the way for new relationships and opportunities.”
TiER1 intends to retain all employees of both organizations. The company is currently projecting growth in excess of 40 percent in 2017.