(left to right): From Taylor Corporation: Glen Taylor, Chairman, CEO; Debra Taylor; Becky Taylor, spouse
of Glen Taylor; Björn Stansvik, Founder & CEO, MentorMate (photo courtesy MentorMate)
MentorMate, a Minneapolis-based technology consulting and development organization, has just been acquired by Mankato-based Taylor Corporation, a diversified company with 80 subsidiaries covering a wide variety of services.
Taylor Corporation Acquires MentorMate, LLC
Mobile strategy, design and technology now core to Taylor’s vast service offerings
MINNEAPOLIS, MN. AUGUST 5, 2014—MentorMate (www.MentorMate.com) announced today that it has been acquired by Mankato, MN-based Taylor Corporation as part of a long-term plan to accelerate Taylor’s mobile technology strategy. As a leading mobile and web strategy, design and delivery organization with offices in five locations in the U.S. and Europe, MentorMate was the logical choice for infusing mobile strategy expertise into Taylor’s portfolio of more than 80 companies and its clients consisting of 275 Fortune 500 companies and thousands of small to medium-sized businesses globally.
“As we evaluated numerous options to create exceptional value for our customers, employees and owners, and to expand nationally and internationally, Taylor emerged as the premier choice for its ability to create tremendous market access and its industry-specific expertise on a global scale.” says Björn Stansvik, CEO of MentorMate.
Taylor Corporation stated, “As an award-winning mobile and web strategy, design and development firm, MentorMate will bring transformational technology to our companies and we are excited about the acquisition. Their proven success in delivering simple, beautiful and meaningful mobile and web solutions to small and large businesses will play a key role in helping our customers communicate their messages while maintaining and enhancing their brand.”
MentorMate’s operations and management will remain in place, and Stansvik will continue to lead the company. The two companies will begin execution on short- and long-term plans to maintain common core values, capture synergies and focus on continuous innovation to catapult growth.
About MentorMate: MentorMate is an international mobile solutions ¬firm with more than 200 employees working in five cities globally. We deliver innovative custom mobile and web software, user experience (UX) design, backend integration, data analytics/BI, and management and consulting services focused on the mobile enterprise. Learn more at www.MentorMate.com.