Waco, TX, April 2, 2014 – Global talent management solutions provider, Profiles International, announced their acquisition today by John Wiley & Sons, Inc.
John Wiley & Sons, Inc. (NYSE: JWa and JWb), a global provider of knowledge and knowledge-enabled solutions that improve outcomes in research, professional practice, and education, announced today that it has acquired Profiles International, a provider of employment assessment and talent management solutions.
Bud Haney, CEO and Chairman said, “We are dedicated to becoming the number one global talent management solutions provider. With this goal in mind, we embarked on a search over two years ago to find the right business partner that fit our culture, goals, and mission. I am proud and excited to announce that John Wiley & Sons is that organization.”
“Research shows that the direct and indirect cost of one hiring error can be in the hundreds of thousands of dollars,” said Wiley President and CEO, Stephen Smith. “Profiles International provides scientifically-driven assessment solutions that help employers screen-out unsuitable candidates, match others with jobs that fit their inherent capabilities, and identify opportunities to enhance performance of existing employees and maximize long-term contributions to the organization. By mapping candidate attributes against those of existing high-performing employees, Profiles international assessments are a valuable predictor of likely success. Wiley can now add Profiles’ pre-hire assessment solutions to its successful post-hire assessment platform for an end-to-end solution that addresses critical pain points in the hiring and development process.”
Profiles International will continue to provide the same dedicated customer service, product support, leading-edge technology, and top-notch talent management solutions their clients have become accustomed. They will remain Profiles International and operate as they do today with their corporate headquarters in Waco, Texas. All facets of their operations will remain intact.
John Wiley & Sons is committed to continuing Profiles International’s client-centric culture. This acquisition will allow Profiles International to provide greater focus and resources to continue delivering the best assessment solutions available.
Wiley is a global provider of knowledge and knowledge-enabled services that improve outcomes in areas of research, professional practice and education. Through the Research segment, the Company provides digital and print scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising. The Professional Development segment provides digital and print books, online assessment and training services, and test prep and certification. In Education, Wiley provides print and digital content, and education solutions including online program management services for higher education institutions and course management tools for instructors and students.
ABOUT PROFILES INTERNATIONAL
Profiles International is the best source for talent management solutions, with over 20 years’ experience and more than 40,000 clients in over 120 countries. Profiles knows how people work and what motivates them. Their data-driven talent management solutions–built on complex behavioral science, yet simple to administer and read–help organizations find the right people, shape them into a winning team, and lead them to their full potential. www.profilesinternational.com