Mosaic is a national training and workforce consulting firm headquartered in Renton, Washington that focuses on the utility and oil and gas industries. Founded in 1996, Mosaic leads the industry in field operations, grid modernization, and enterprise application training for clients including Pacific Gas & Electric Company, National Grid, Duke Energy, DTE Energy, Dominion Energy, Consumers Energy, and Enbridge.
“The increased pace of digital transformation in the energy industry, the ramp-up of e-learning necessitated by COVID-19, and changing employee expectations have accelerated the need to create more blended, innovative training solutions that meet current business needs,” shared Megan Deans, Mosaic CEO. “i3Logic’s digital learning capabilities will elevate Mosaic’s industry-leading approach to competency training by combining industry expertise, a people-centric perspective, and modern learning methods to achieve measurable business impacts and value for our customers.”
Founded in 2004, i3Logic has developed a strong reputation as strategically technological and creative innovators in the learning industry. Based in Troy, Michigan, i3Logic primarily works in the pharmaceutical, manufacturing, professional services, retail, and higher education industries. The company creates value for organizations by challenging the complacencies of the learning industry and providing an innovative and effective blend of services that establish clear links between learning, performance improvement, and business objectives.
“Within four months of meeting the XLCS team, we went from not knowing exactly what type of company we were looking to acquire to finding and completing the acquisition of a perfect fit. Bob and Jay were both expert professionals who led us through the entire process from start to finish and not only made it easy and seamless but extremely enjoyable,” said Rachel Collier, Mosaic Chief Marketing and Acquisitions Officer. “We can’t wait to work with XLCS again on a future acquisition!”
XLCS acted as the exclusive M&A advisor to Mosaic and the transaction was led by Bob Contaldo, Chairman and Managing Partner and Jay Cremer, Vice President. The transaction was completed on December 31, 2020.
About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.