Talent Garden is positioning itself with increasing conviction in the education market with the acquisition of Hyper Island, one of the most important European business schools. After becoming a leading actor in coworking, the direction seems to be that of wanting not only to grow but to focus strongly on digital education aimed at students, professionals and large European companies. At the closing of the transaction, scheduled for early December, Talent Garden will acquire control of 54% of Hyper Island, with the option to rise to 100% in the coming years. These are the numbers communicated by the new group: 50 million revenues expected in 2022, 20,000 professionals from large companies trained per year, 5,000 students entered the job market with 98% placement rates and more than 4,500 supported startups and digital innovators. Active partnerships with more than 150 large companies around the world for reskilling and upskilling plans. In addition, a distributed geographical presence where Italy is worth 35%, the Nordics 35% and the remaining 30% distributed between Spain, France, United Kingdom, Ireland, Austria, Singapore and Brazil. The digital education area today becomes 80% of Talent Garden’s income statement. Three years ago there was the acquisition of Rainmaking Loft in Denmark, with the Huper Island operation the group led by Dattoli doubles in size. However, the financial value of the acquisition was not disclosed.
How governance changes
Change the control “booth” of the group. Irene Boni is appointed as the new CEO of Talent Garden. He will work alongside Davide Dattoli
as Executive President and Lorenzo Maternini, Vice President.
The edu tech market
The digital education market is worth 5 billion euros in Europe alone. According to the B20 Digital Transition Task Force, about 3 out of 5 people will be impacted by the skill mismatch.
What is Hyper Island?
Hyper Island, with more than 25 years of history in digital education, headquartered in Sweden, also present in the UK, Singapore, Brazil and North America and Asia Pacific, is a business school specializing in digital education with an offer of accredited education programs, part-time and full-time (Masters), as well as intensive courses aimed at executives of large companies, with a view to training that increases the levels of knowledge and understanding of digital culture, transformation technologies and how these influence ideation, execution, processes and collaboration with customers and business models.