Dealflow | June 14, 2021

KKR’s Burning Glass merges with Emsi to form labor market data platform

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, June 14 — KKR in 2019 acquired a majority stake in Burning Glass, a software company that sells intelligence on labor market patterns to companies and educators (see, “KKR Global Impact looks to leverage labor data with majority stake in Burning Glass).

Emsi, which specializes in labor market analysis and consulting for employees, employers, higher education institutions, and workforce development professionals, will join forces with Burning Glass to create Emsi Burning Glass.

KKR Global Impact Fund will make a follow-on investment in the combined platform. Strada Education Network, which acquired Emsi in 2018, will exit its investment.