Like Bridge

announced 2/16/2021 via Company Press Release

Learning Technologies Group, will acquire Bridge

synopsis: UK-based Learning Technologies Group plc (LTG), the provider of services and technologies for digital learning and talent management, will acquire Bridge, a learning, performance, and skills development platform for mid-enterprise organisations. The acquisition significantly extends LTG’s learning and talent offering in the mid-enterprise market.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
UK-based Learning Technologies Group (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target parent: Thoma Bravo, LLC
target: Bridge
Bridge is a learning, performance and skills development platform for mid-enterprise organizations. Specializing in employee-centric experiences, the offering includes a learning management system in addition to performance, engagement and skills development products on a single SaaS-based platform.
price ($mm)
$50
rev ($mm)
$21
EBITDA ($mm)
EV / rev
2.4x
EV / EBITDA
closed 5/15/2019 via PR Newswire

Engagedly, acquired Management Mentors, Inc.

synopsis: Engagedly, the St. Louis-based leader in performance management and employee engagement software, announced the acquisition of Management Mentors, a SaaS-based mentoring company headquartered in Boston.
buyer: Engagedly
Engagedly is a leading global provider of performance management and employee engagement software and services based in St. Louis, MO with offices in India, Australia, and the UK. "
target: Management Mentors, Inc.
Management Mentor is a SaaS-based mentoring company headquartered in Boston. Management Mentors' flagship product MentoringComplete is an online mentoring software program built on the core principles of human psychology.
price ($mm)
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closed 3/19/2021 via PR Newswire

Penn Foster Inc., acquired Sokanu

synopsis: Penn Foster has acquired Sokanu, creator of the CareerExplorer platform used by over 10 million people to match to and evaluate career paths. The acquisition furthers Penn Foster's mission of putting middle-skill workers on a path to economic mobility by combining actionable labor market intelligence with workforce-relevant courses and programs.
buyer parent: Two Sigma Investments
buyer: Penn Foster Inc. (REVU:$188.75)
Penn Foster is bridging the gap between education and economic opportunity to build the workforce. They partner with employers, education and workforce organizations, and local community groups to design and deliver digital and blended learning programs that attract, upskill, and retain workers. "
target: Sokanu
Canada-based Sokanu is the Internet's largest career advancement platform. CareerExplorer by Sokanu is the most widely-used career assessment, blending psychometrics and machine learning to help people understand how their personal traits, talents, interests, and values align with different careers.
price ($mm)
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closed 3/12/2020 via Company Press Release

Elsevier B.V., acquired Authess

synopsis: Elsevier, a global leader in information analytics specializing in science and health, and part of RELX, has acquired Authess, the Boston-based developer of an advanced performance-based competency assessment platform that evaluates how students solve complex, open-ended problems they would encounter on the job.
buyer parent: RELX Group plc
buyer: Elsevier B.V.
Elsevier is a global information analytics business that helps scientists and clinicians to find new answers and tackle human crises. Elsevier provides digital solutions and tools in the areas of strategic research management, R&D performance, clinical decision support, and professional education. "
target: Authess
Authess is a developer that uniquely leverages technology to measure an individual’s ability to solve complex, real-world problems. The Authess platform supports authoring, delivery, analysis, and reporting of authentic, performance-based assessment.
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announced 9/25/2018 via BNC Analysis

Oracle Corporation, will acquire Iridize

synopsis: Enterprise software company Oracle Corp. has signed an agreement to acquire Tel Aviv-based user training startup Iridize Ltd. Founded in 2011, Iridize develops software that allows companies to create personalized user guides for cloud and web applications.
buyer: Oracle Corporation (ORCL:$39,766.00)
Oracle is a computer technology corporation developing and marketing computer hardware systems and enterprise software products. By eliminating complexity and simplifying IT, Oracle enables its customers to accelerate innovation and create added value for their customers. "
target: Iridize
Founded in 2011, Iridize develops software that allows companies to create personalized user guides for cloud and web applications. Iridize accelerates product adoption and user onboarding, reducing support costs with a powerful platform of personalized interactive guides and messages.
price ($mm)
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closed 7/12/2018 via PR Newswire

LeapPoint, acquired JumpSeat

synopsis: LeapPoint, a management and technology consulting firm, is excited to announce it has acquired browser-based digital adoption platform, JumpSeat. This platform allows companies to streamline their onboarding process and technology adoption efforts.
buyer: LeapPoint
LeapPoint is a management and technology consulting firm that provides advisory and digital services as well as custom application development. LeapPoint offers a thoughtful blend of resources to bring just the right mix of business acumen and functional expertise to drive enterprise change. "
target: JumpSeat
JumpSeat is a browser-based digital adoption platform. This platform allows companies to streamline their onboarding process and technology adoption efforts. JumpSeat is a browser-based solution allowing it to be utilized across the many different technologies a company has in its stack.
price ($mm)
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closed 4/7/2021 via PR Newswire

Kahoot!, acquired Motimate

synopsis: Kahoot!, the global learning platform company, announced the acquisition of Motimate, an employee engagement and learning app provider for organizations of all sizes. Their app uses gamification to onboard new starters or train and upskill current workers. They are based in Oslo, Norway.
buyer: Kahoot! (OTCNO:KAHOOT:$42.97)
Kahoot! is a game-based learning platform in Norway. Kahoot! makes it easy to create, share and play fun learning games for any subject, in any language, on any device, for all ages. Kahoot! is used in a multitude of settings, including K-12 and university classrooms, corporate offices, and more. "
target: Motimate
Motimate is an employee engagement and learning app provider for organizations of all sizes. Their app uses gamification to onboard new starters or train and upskill current workers. They are based in Oslo, Norway.
price ($mm)
$27
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2013 via GlobeNewswire

Professional Diversity Network LLC, acquired Resunate

synopsis: The Professional Diversity Network, a developer and operator of online networks and job boards for culturally diverse professionals, has acquired Resunate, a developer of recruiting software designed to connect job seekers, colleges, universities and job placement companies with specific job postings.
buyer: Professional Diversity Network LLC (IPDN:$4.29)
The Professional Diversity Network (PDN) is a Chicago-based diversity recruitment firm. PDN manages a suite of professional networking websites that target diverse professional groups, including African Americans, Latinos, Asian Americans, women, LGBT, veterans, and people with disabilities. "
target parent: Careerimp, Inc.
target: Resunate
Resunate is a web based software, created to build a resume and automatically evaluate and improve it for every job. It provides legitimate, quantitative feedback to job seekers; and confidence for employers that they are selecting the best candidate in their applicant pool.
price ($mm)
$0.20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/25/2017 via BusinessWire

Electronic Commerce Inc., acquired Cfactor

synopsis: Electronic Commerce Inc. (ECI), a leading SaaS payroll and HR provider, announced it has acquired cfactor Works Inc., a company that delivers a personalized on-demand social human resource management system (HRMS), talent management, and employee collaboration software suite for employees.
buyer parent: Frontier Capital
buyer: Electronic Commerce Inc.
Specializing in Human Capital Management solutions, Electronic Commerce, Inc. (ECI®) created its Empower software to provide mid-sized companies with a web-based, fully unified platform that covers the entire employee lifecycle. "
target: Cfactor
cfactor Works Inc. delivers a personalized on-demand social human resource management system (HRMS), talent management, and employee collaboration software suite for employees.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/20/2021 via GlobeNewswire

PandoLogic, acquired Wade & Wendy

synopsis: PandoLogic has acquired Wade & Wendy, a recruitment automation platform that increases recruiters' bandwidth to make for a better - and more human - candidate experience. Their AI recruiter platform automates task-driven recruitment processes: sourcing, screening and recommending qualified & interested candidates.
buyer: PandoLogic
PandoLogic is the leading programmatic job advertising and vendor management platform in North America. Their programmatic job advertising platform, pandoIQ, automates and optimizes job ad placements to help companies meet hiring needs while maximizing recruitment ad spend. "
target: Wade & Wendy
Wade & Wendy is a recruitment automation platform that increases recruiters' bandwidth to make for a better - and more human - candidate experience. Their AI recruiter platform automates task-driven recruitment processes: sourcing, screening and recommending qualified & interested candidates.
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announced 3/4/2021 via BNC Analysis

Xero Limited, will acquire Planday

synopsis: Xero is to acquire Denmark-based Planday, a cloud-based platform that's been designed to provide businesses with a real-time view of staffing needs and payroll costs, alongside business performance metrics.
buyer: Xero Limited (ASX:XRO:$564.63)
Xero provides a easy-to-use cloud-based accounting software service for small businesses and their advisors around the world. Xero connects more than two million subscribers with an ecosystem of over 800 third-party apps and 200 plus connections to banks and financial service providers. "
target: Planday
Planday is cloud-based platform that's been designed to provide businesses with a real-time view of staffing needs and payroll costs, alongside business performance metrics.
price ($mm)
$189
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/13/2020 via BNC Analysis

Equiniti Limited, acquired Monidee

synopsis: Equiniti Group plc, an international technology-led services and payments specialist, is delighted to announce the acquisition of Monidee, an employee share plans technology business based in Amsterdam.
buyer: Equiniti Limited (LSE:EQN:$669.57)
Equiniti is a specialist outsourcer delivering technology-enabled solutions to some of the UK’s brands and public sector organisations. They offer share registration and associated investor services, employee share plan administration, pension administration and software, & employee benefit schemes."
target: Monidee
MonIdee is a leading B2B Fintech software solution provider of Employee Reward Plan, Financial Participation and Compliance Solutions. Monidee’s web-based platform tOption has been designed and fine-tuned to meet the needs of a wide range of companies worldwide.
price ($mm)
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announced 3/25/2019 via GlobeNewswire

Vista Equity Partners, will acquire PlanSource

synopsis: PlanSource, a leading provider of cloud-based benefits administration technology, announced it has entered into a definitive agreement to be acquired by Vista Equity Partners, a leading investment firm focused on enterprise software, data and technology-enabled businesses.
buyer: Vista Equity Partners
Vista Equity Partners is a U.S.-based investment firm with more than $46 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. "
target: PlanSource
PlanSource is a technology company driven to create a better benefits experience for employees and the HR teams that support them. Nearly 4.5 million consumers receive their benefits through the PlanSource platform, which provides intuitive software and services for benefits administration.
price ($mm)
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announced 2/20/2019 via BusinessWire

GetSwift, will acquire Scheduling+

synopsis: GetSwift, a leading provider of SaaS logistics technology, is to acquire Scheduling+, a SaaS platform that combines staff scheduling, task management, time and attendance recordkeeping, and payroll into one easy to use subscription-based cloud solution, which allows businesses of all sizes to reduce the amount of time spent on employee management.
buyer: GetSwift (ASX:GSW:$1.44)
GetSwift is a worldwide leader in delivery management automation. From enterprise to hyper-local, businesses across dozens of industries around the globe depend on their SaaS platform to bring visibility, accountability, efficiency and savings to their supply chain and “Last Mile" operations. "
target: Scheduling+
Scheduling+ is a SaaS platform that combines staff scheduling, task management, time and attendance recordkeeping, and payroll into one easy to use subscription-based cloud solution, which allows businesses of all sizes to reduce the amount of time spent on employee management.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 10/10/2018 via PR Newswire

Trilogy Education Services, acquired JobTrack

synopsis: Trilogy Education, a leading workforce accelerator, announced the acquisition of JobTrack, a career services platform. JobTrack is a platform that streamlines and accelerates the job search process, enabling users to quickly and easily manage applications and interviews.
buyer: Trilogy Education Services
Trilogy Education is a workforce accelerator that empowers the world's leading universities to prepare professionals for high-growth careers in the digital economy. Trilogy's intensive, skills-based training programs bridge regional talent gaps in coding, data analytics, UX/UI, and cybersecurity. "
target: JobTrack
JobTrack is a platform that streamlines and accelerates the job search process, enabling users to quickly and easily manage applications and interviews. Simultaneously, JobTrack provides career advisors with powerful data and analytics to enrich their one-on-one coaching sessions.
price ($mm)
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closed 6/29/2018 via PR Newswire

Fusemachines Inc., acquired Rake Inc

synopsis: Fusemachines Inc., a leading provider of AI solutions, software and educational services announced the acquisition of Rake Inc, a talent acquisition and candidate engagement platform that services candidates and employers by providing an array of tools leading to better experiences and outcomes throughout the recruitment process.
buyer: Fusemachines Inc.
Fusemachines is an Artificial Intelligence solutions and services provider that offers AI engineers to companies seeking to develop their capabilities in Big Data & Machine Learning. They help identify opportunities within an organization where AI can be best exploited. "
target: Rake Inc
Rake Inc is a talent acquisition and candidate engagement platform that services candidates and employers by providing an array of tools leading to better experiences and outcomes throughout the recruitment process.
price ($mm)
rev ($mm)
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announced 1/4/2017 via Company Press Release

Jiff, Inc will be merged with Castlight Health, Inc.,

synopsis: Castlight Health, Inc., a company that offers a health benefits platform that engages employees to make better healthcare decisions, and Jiff, Inc., an enterprise benefit platform, announced their agreement to come together to form a single company.
buyer: Castlight Health, Inc. (CSLT:$93.12)
Castlight offers a health benefits platform that engages employees to make better healthcare decisions and enables employers to communicate and evaluate their benefit programs. "
target: Jiff, Inc
Jiff is on a mission to help companies lower healthcare costs and cultivate happier, healthier employees. Jiff’s enterprise benefit platform integrates all the vendors employers already have in place, and lets them choose from a menu of pre-integrated services.
price ($mm)
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announced 6/30/2016 via BusinessWire

TelaDoc, Inc., will acquire Healthiest You

synopsis: Teladoc, Inc., the first and largest telehealth platform in the United States, announced that it has signed a definitive agreement to acquire HealthiestYou, a leader in mobile patient engagement, based in Scottsdale, Arizona. HealthiestYou is the leading telehealth consumer engagement technology platform for the small- to mid-sized employer market.
buyer: TelaDoc, Inc. (TDOC:$716.29)
Teladoc is the nation’s first and largest telehealth provider with more than 6 million members nationwide. Teladoc enhances access to affordable, high-quality medical care for adults and children via videoconferencing or telephone consultations. "
target: Healthiest You
HealthiestYou provides a tech-enabled health and solution centered on telehealth engagement to more than 4,000 employer groups throughout the United States. The company’s platform helps employers and health plans reduce healthcare expenses by redirecting member claims to lower-cost settings.
price ($mm)
$125
rev ($mm)
$10
EBITDA ($mm)
EV / rev
12.5x
EV / EBITDA
closed 4/11/2016 via BNC Analysis

Twitter, Inc., acquired Peer, Inc.

synopsis: Microblogging platform Twitter has acquired employee and manager feedback startup Peer founded by former Salesforce chief operating officer George Hu. Peer is an organizational feedback tool where employees can monitor their performance continuously.
buyer: Twitter, Inc. (TWTR:$3,716.35)
Twitter is a global platform for public self-expression and conversation in real time. By developing a fundamentally new way for people to create, distribute and discover content, they have democratized content creation and distribution, enabling any voice to echo around the world instantly. "
target: Peer, Inc.
Peer is an organizational feedback tool where employees can monitor their performance continuously.
price ($mm)
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EBITDA ($mm)
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announced 3/25/2015 via BNC Analysis

Edenred, will acquire ProwebCE SA

synopsis: Edenred and the ProwebCE management team are joining forces to acquire ProwebCE, the French leader in solutions for works councils. ProwebCE offers a comprehensive range of solutions for works councils, which includes a website, software for managing social and cultural activities, accounting software, training and consulting, and survey solutions.
buyer: Edenred (ENXTPA:EDE:$1,462.59)
Edenred, which invented the Ticket Restaurant® meal voucher and is the world leader in prepaid corporate services, designs and delivers solutions that make employees’ lives easier and improve the efficiency of organizations. "
target: ProwebCE SA
ProwebCE offers a comprehensive range of solutions for works councils, which includes management and accounting software and an e-commerce platform that enables employees to use the funds allocated to them annually by their works council to purchase culture and leisure-related goods and services.
price ($mm)
$54*
rev ($mm)
EBITDA ($mm)
$9
EV / rev
EV / EBITDA
11.6x
announced 2/16/2021 via Company Press Release

Learning Technologies Group, will acquire Bridge

synopsis: UK-based Learning Technologies Group plc (LTG), the provider of services and technologies for digital learning and talent management, will acquire Bridge, a learning, performance, and skills development platform for mid-enterprise organisations. The acquisition significantly extends LTG’s learning and talent offering in the mid-enterprise market.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
UK-based Learning Technologies Group (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target parent: Thoma Bravo, LLC
target: Bridge
Bridge is a learning, performance and skills development platform for mid-enterprise organizations. Specializing in employee-centric experiences, the offering includes a learning management system in addition to performance, engagement and skills development products on a single SaaS-based platform.
price ($mm)
$50
rev ($mm)
$21
EBITDA ($mm)
EV / rev
2.4x
EV / EBITDA
announced 7/15/2021 via PR Newswire

Learning Technologies Group, will acquire GP Strategies Corporation

synopsis: GP Strategies Corporation, a global workforce transformation solutions provider, is to be acquired by Learning Technologies Group, a provider of services and technologies for digital learning and talent management.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
UK-based Learning Technologies Group (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target: GP Strategies Corporation (NYSE:GPX:$459.38)
GP Strategies is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. They improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services.
price ($mm)[EV]
$394 [$403]
rev ($mm)
$459
EBITDA ($mm)
$38
EV / rev
0.9x
EV / EBITDA
10.6x
announced 2/16/2021 via Company Press Release

Learning Technologies Group, will acquire Bridge

synopsis: UK-based Learning Technologies Group plc (LTG), the provider of services and technologies for digital learning and talent management, will acquire Bridge, a learning, performance, and skills development platform for mid-enterprise organisations. The acquisition significantly extends LTG’s learning and talent offering in the mid-enterprise market.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
UK-based Learning Technologies Group (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target parent: Thoma Bravo, LLC
target: Bridge
Bridge is a learning, performance and skills development platform for mid-enterprise organizations. Specializing in employee-centric experiences, the offering includes a learning management system in addition to performance, engagement and skills development products on a single SaaS-based platform.
price ($mm)
$50
rev ($mm)
$21
EBITDA ($mm)
EV / rev
2.4x
EV / EBITDA
closed 2/8/2021 via BNC Analysis

Affirmity, acquired PDT Global

synopsis: Affirmity has announced the acquisition of PDT Global. PDT ('The People Development Team') Global is a UK-based Diversity and Inclusion training and consultancy firm with deep specialization in the live virtual and digital delivery learning spaces. PDT Global will become part of Affirmity, a subsidiary of Learning Technologies Group plc.
buyer parent: Learning Technologies Group
buyer: Affirmity
Affirmity, a part of Learning Technologies Group plc (LTG), provides a robust portfolio of software, services and training solutions that help customers minimize risk and experience the positive impacts of affirmative action and diversity and inclusion in the workforce. "
target: PDT Global
PDT Global is a women-founded and led Diversity and Inclusion training and consultancy firm with a global client base. Since 1998, it has delivered excellence in training across strategy, cultural change, and leadership development.
price ($mm)
$18
rev ($mm)
$7
EBITDA ($mm)
EV / rev
4.2x
EV / EBITDA
announced 1/21/2021 via PR Web

Peoplefluent, Inc., will acquire Reflektive

synopsis: UK-based Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, will acquire Reflektive Inc, a leading performance management software provider. Reflektive will join LTG’s PeopleFluent business, integrating its solution with the existing PeopleFluent talent management portfolio.
buyer parent: Learning Technologies Group
buyer: Peoplefluent, Inc.
As a market leader in integrated talent management and learning solutions, PeopleFluent helps companies hire, develop, reward, and advance their workforce. The company's software spans recruitment, talent mobility, performance, compensation, succession, org charting, and learning. "
target: Reflektive
Reflektive is a provider of innovative, real-time performance management solutions for HR leaders and their agile organizations. Reflektive securely delivers Real-Time Feedback and Requests, Goal Management, Performance Reviews, and Check-Ins applications in the cloud for clients around the world.
price ($mm)
$14
rev ($mm)
$14
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
closed 12/8/2020 via Company Press Release

Open LMS, acquired eThink Education

synopsis: Learning Technologies Group plc (LTG), a global leader in the high-growth workplace learning and talent industry, has acquired eThink Education, a leading provider of Moodle-based learning management systems (LMS). eThink, a market leader in North America, will be integrated into LTG’s global Moodle business, Open LMS.
buyer parent: Learning Technologies Group
buyer: Open LMS
Open LMS leverages open-source software to deliver an effective and engaging learning experience. As the largest commercial Moodle provider in the world, the company helps organizations and institutions deliver great learning experiences without complexities. "
target: eThink Education
eThink is an eLearning provider that offers world-class, fully-managed Learning Management Systems solutions for open-source Moodle and Totara Learn. eThink provides a dynamic and customizable learning management system to meet specific institutional and organizational needs.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/24/2020 via PR Web

Open LMS, will acquire eCreators

synopsis: Open LMS, an online learning platform based on Moodle, will acquire eCreators, an Australian content development house and a certified Moodle partner. eCreators' Leearnbook platform is a corporate LMS that meets the needs of a wide range of industries. eCreators also offers hosting, integration and development services for Moodle LMS.
buyer parent: Learning Technologies Group
buyer: Open LMS
Open LMS is an online learning platform based on Moodle that makes it easy to manage courses and deliver engaging content and activities. As the largest commercial Moodle provider in the world, Open LMS helps organizations and institutions deliver great learning experiences without complexities. "
target: eCreators
eCreators is an Australian content development house and a certified Moodle partner. eCreators' Leearnbook platform is a corporate Learning Management System (LMS) that meets the needs of a wide range of industries. eCreators also offers hosting, integration and development services for Moodle LMS.
price ($mm)
$4.04
rev ($mm)
$3
EBITDA ($mm)
EV / rev
2.6x
EV / EBITDA
closed 9/16/2020 via BNC Analysis

Peoplefluent, Inc., acquired patheer

synopsis: PeopleFluent, a market leader in integrated talent management and learning solutions, announced the acquisition of Patheer. Patheer is the leading talent development & analytics platform for building high-performing workforces.
buyer parent: Learning Technologies Group
buyer: Peoplefluent, Inc.
As a market leader in integrated talent management and learning solutions, PeopleFluent helps companies hire, develop, reward, and advance their workforce. The company's software spans recruitment, talent mobility, performance, compensation, succession, org charting, and learning. "
target: patheer
Patheer is the leading talent development & analytics platform for building high-performing workforces. Their revolutionary approach leverages data analytics and machine learning to deliver an always-fresh, accurate insight into employee’s current skills, gaps, and career aspirations.
price ($mm)
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closed 3/31/2020 via Company Press Release

Learning Technologies Group, acquired Blackboard Open LMS

synopsis: Learning Technologies Group plc, a market-leader in the workplace digital learning and talent management market, has acquired Blackboard’s Open LMS platform. Blackboard Open LMS provides a strong, open source foundation for competency-based blended, online and professional learning to drive institutional and organizational effectiveness.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group plc (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target parent: Providence Equity Partners Inc.
target: Blackboard Open LMS
Blackboard Open LMS™ provides a strong, open source foundation for competency-based blended, online and professional learning to drive institutional and organizational effectiveness.
price ($mm)
$32
rev ($mm)
$16
EBITDA ($mm)
EV / rev
2.0x
EV / EBITDA
announced 4/17/2019 via Company Press Release

Learning Technologies Group, will acquire Breezy HR

synopsis: Learning Technology Group (LTG), a market-leader in the fast-growing workplace digital learning and talent management market, will be acquiring Breezy HR, an end-to-end recruiting software designed to optimize customers' recruiting process. Bring everyone on board in less time with their user-friendly, feature-rich platform.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group plc (LTG) is a market-leader in the fast-growing workplace digital learning and talent management market. LTG offers large organizations a new approach to learning and talent in a business world driven by digital transformation. "
target: Breezy HR
Breezy HR is end-to-end recruiting software designed to optimize customers' recruiting process. Bring everyone on board in less time with their user-friendly, feature-rich platform. Clients' hiring process gets a productivity boost with their unique, visual approach to pipeline management.
price ($mm)
$12
rev ($mm)
$4
EBITDA ($mm)
EV / rev
8.3x
EV / EBITDA
closed 11/15/2018 via BNC Analysis

Learning Technologies Group, acquired Watershed

synopsis: Learning Technologies Group has announced the acquisition of the remaining 73% of Watershed. As the global market leader in corporate learning analytics, Watershed has proven ability to harness data about learners to analyse and assess the impact of learning on organisational performance.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group is a leader in the high-growth workplace e-learning and talent management industries. The Group offers end-to-end learning solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights. "
target: Watershed
Watershed offers a customisable learning analytics platform that measures training effectiveness and helps maximise investments in learning. Made possible by xAPI, Watershed enables users to explore their learning data in one place and measure how L&D programmes impact their organisations.
price ($mm)
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closed 6/1/2018 via GlobeNewswire

Learning Technologies Group, acquired Peoplefluent, Inc.

synopsis: Learning Technologies Group plc, the integrated e-learning services and technologies provider, confirmed the successful acquisition of PeopleFluent. As a market leader in human resources solutions for the digital enterprise, PeopleFluent helps companies build and power a productive workforce.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group (LTG) was created with the purpose of building a market leading business within the fast-growing learning technologies sector. LTG's portfolio includes LEO, a pioneering learning technologies firm; gomo learning, the multi-device authoring tool, and more. "
target parent: Bedford Funding
target: Peoplefluent, Inc.
As a market leader in human resources solutions for the digital enterprise, PeopleFluent helps companies build and power a productive workforce. Their Talent Productivity Platform unifies talent acquisition management into a single, collaborative experience that attracts the best candidates.
price ($mm)
$150
rev ($mm)
$107
EBITDA ($mm)
$13
EV / rev
1.4x
EV / EBITDA
11.2x
announced 2/3/2017 via BNC Analysis

Learning Technologies Group, will acquire NetDimensions Ltd.

synopsis: E-learning group Learning Technologies Group PLC has agreed to buy NetDimensions (Holdings) Limited through a cash deal. Established in 1999, NetDimensions is a global provider of performance, knowledge and learning management solutions to high consequence industries.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group (LTG) was created with the purpose of building a market leading business within the fast-growing learning technologies sector. LTG's portfolio includes LEO, a pioneering learning technologies firm; gomo learning, the multi-device authoring tool, and more. "
target: NetDimensions Ltd. (AIM:NETD:$25.30)
Established in 1999, NetDimensions is a global provider of performance, knowledge and learning management solutions to high consequence industries. NetDimensions provides talent management solutions to personalize learning, share knowledge, enhance performance, foster collaboration and more.
price ($mm)
$69
rev ($mm)
$24
EBITDA ($mm)
$0
EV / rev
2.9x
EV / EBITDA
220.0x
announced 1/29/2016 via Company Press Release

Learning Technologies Group, will acquire Rustici Software

synopsis: LTG has conditionally agreed to acquire the entire issued share capital of Rustici Software LLC, the global market leader in digital learning interoperability. Rustici has been instrumental in the support and development of the universal technical standards for the e-learning software industry.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group (LTG) has been created with the purpose of building a market leading business of substance and scale within the exciting and fast-growing learning technologies sector. "
target: Rustici Software
Rustici has been instrumental in the support and development of the universal technical standards for the e-learning software industry.
price ($mm)
$26
rev ($mm)
$7
EBITDA ($mm)
$3
EV / rev
5.6x
EV / EBITDA
13.7x
closed 7/31/2015 via BNC Analysis

Learning Technologies Group, acquired Eukleia Training

synopsis: Eukleia Training Limited, a leading provider of Governance, Risk and Compliance (“GRC”) e-learning and classroom training, has been acquired by Learning Technologies Group PLC (“LTG”). Eukleia helps the world’s leading financial institutions deliver their GRC training programs.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group plc (LTG) provides a comprehensive and integrated range of e-learning services and technologies to corporate and government clients. LTG is well placed to establish a substantial global organization of specialist digital learning businesses all around the world. "
target: Eukleia Training
Founded in 2005, Eukleia offers a broad range of bespoke and off-the-shelf e-learning courses, instructor-led training, and learning management system solutions which help the world’s leading financial institutions deliver their GRC training programs.
price ($mm)
$9.94
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/13/2014 via BNC Analysis

Learning Technologies Group, acquired Preloaded

synopsis: Learning Technologies Group PLC announced that it had acquired games studio Preloaded Ltd for GBP 2.2 million. Preloaded delivers award winning games. They make games that use their transformational power to engage, educate and communicate across a wide variety of sectors including learning, health, engagement, and training.
buyer: Learning Technologies Group (AIM:LTG:$180.10)
Learning Technologies Group plc (LTG) provides a comprehensive and integrated range of e-learning services and technologies to corporate and government clients. LTG is well placed to establish a substantial global organization of specialist digital learning businesses all around the world. "
target: Preloaded
Founded in 2000, Preloaded delivers award winning games. They make games that use their transformational power to engage, educate and communicate across a wide variety of sectors including learning, health, engagement, and training.
price ($mm)[EV]
$3.05 [$0.58]
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
2.3x
EV / EBITDA
7.1x
announced 4/9/2014 via Company Press Release

Epic Group plc, will acquire Line Communications

synopsis: Learning Technologies Group plc announced that it will acquire LINE Communications. LINE will join Epic, LTG’s principal operating company. LINE has a leading reputation in the e-learning marketplace as a designer of fully-blended learning solutions.
buyer parent: Learning Technologies Group
buyer: Epic Group plc
Supernova (formerly Viddy) is the mobile social app development company that allows users to capture, produce, and share bite-size videos with the world. Supernova’s relentless focus on video resulted in the creation of popular apps such as Viddy, Clique and Epic. "
target: Line Communications
LINE was established in 1989 and has a leading reputation in the e-learning marketplace as a designer of fully-blended learning solutions with particular strength in the automotive, corporate, defence and security, energy and mining, professional services and public sectors.
price ($mm)
$16
rev ($mm)
$14
EBITDA ($mm)
$1
EV / rev
1.1x
EV / EBITDA
11.1x
closed 11/15/2013 via Company Press Release

In-Deed Online Plc, merged with Epic Group plc

synopsis: In-Deed Online shareholders have approved the takeover of Epic Group and agreed to change In-Deed’s name to Learning Technologies Group. Epic is a market leader in learning technologies, including custom e-learning, multi-device learning, m-learning, learning management systems, learning consultancy, and blended learning.
buyer: In-Deed Online Plc (AIM:LTG:$180.10)
In-Deed Online offers high quality conveyancing service at a fixed price. This is carried out by a “panel” of high quality lawyers. Every customer has access to a secure online dashboard where they can follow the progress of their purchase or sale, message their lawyer and upload/download documents."
target: Epic Group plc
Epic Group plc is a market leader in learning technologies, including custom e-learning, multi-device learning, m-learning, learning management systems, learning consultancy, and blended learning.
price ($mm)
rev ($mm)
$5
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 9/9/2021 via Company Press Release

Cambridge University Press, acquired CogBooks Ltd.

synopsis: Cambridge University Press & Assessment has acquired CogBooks, the pioneering online learning technology company and leader in adaptive courseware, as it looks to help shape the future of education in an increasingly digital, post-COVID world.
buyer parent: University of Cambridge
buyer: Cambridge University Press
Cambridge University Press & Assessment is a department of the University of Cambridge. It is both a global academic and educational publisher as well as a leading provider of educational assessments. "
target: CogBooks Ltd.
CogBooks is an adaptive web-based learning platform that provides on-line and blended solutions for a range of learning and performance support needs. Its unique learning delivery tools help to reduce learning times and improve outcomes. They link directly to existing Learning Management Systems.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/24/2021 via PR Newswire

Pluribus Technologies Inc., acquired Pathways Training and eLearning Inc

synopsis: Canada-based Pluribus Technologies Inc. has acquired Pathways Training & eLearning Inc. Headquartered in Toronto, ON, Pathways is an agency that supports its blue-chip clients through the design and programming of learning technologies, including live action video, eLearning, mLearning, gaming, animation and more.
buyer: Pluribus Technologies Inc.
Pluribus Technologies, based in Canada, was founded in 2018 with the goal of consolidating the smaller players in the B2B software industry. Pluribus helps entrepreneurs exit their businesses by providing them with a liquidity event when they are seeking a succession plan. "
target: Pathways Training and eLearning Inc
Pathways Training and eLearning Inc. is a Toronto-based learning and development agency. Pathways specializes in the design of learning technologies and traditional classroom programming, including eLearning, animation, simulation, gaming, live action video, and 360° virtual reality.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/20/2021 via BNC Analysis

The Riverside Company, acquired Corporate Visions, Inc.

synopsis: Sentinel Capital Partners, a private equity firm that invests in promising lower midmarket companies, has sold Corporate Visions Inc, a US sales and marketing enablement company, to The Riverside Company, a global private equity firm focused on investing in growing businesses.
buyer: The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding, Riverside has made more than 650 investments. The firm's international private equity and structured capital portfolios include more than 110 companies. "
target parent: Sentinel Capital Partners
target: Corporate Visions, Inc.
Corporate Visions is a leading marketing, sales and customer success messaging, content, and skills training company. Global B2B companies come to Corporate Visions when they want to improve Marketing, Sales and Customer Success performance.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/16/2021 via BusinessWire

Seismic, acquired Lesson.ly

synopsis: Seismic, the global leader in sales enablement, announced it has acquired Lessonly, the training, coaching, and enablement solution, to deliver the world’s most powerful and comprehensive sales enablement platform.
buyer: Seismic
Seismic is the global leader in enablement, helping make sales teams better by becoming more productive and engaging with buyers in a compelling way. Seismic’s platform provides continuous guidance to improve behavior, content, and skills to win more deals and deliver better experiences. "
target: Lesson.ly
Lessonly is a powerfully simple training, coaching, and enablement solution that helps teams ramp faster, deliver effective feedback, and continuously improve. Lessonly is currently empowering nearly four million learners at more than 1,200 leading companies including Scholastic and Jostens.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/11/2021 via BNC Analysis

Whatfix, acquired Nittio Solutions Private Limited

synopsis: Software-as-a-service (SaaS)-based digital adoption platform, Whatfix acquired learning management system Nittio Learn. Nittio Learn is the best mobile-friendly learning management system for distributed workforces. Nittio Learn's toolset, includes additional content options, assessment capabilities, and training course allocation.
buyer: Whatfix
Whatfix is a leading digital adoption platform that helps companies provide intuitive onboarding, and effective training and support. Whatfix’s contextual and personalized in-app content drives-up user productivity and engagement. "
target: Nittio Solutions Private Limited
Nittio Learn is a learning management system based in India. Nittio Learn is the best mobile-friendly learning management system for distributed workforces. Nittio Learn's toolset, includes additional content options, assessment capabilities, and training course allocation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/6/2021 via BusinessWire

Clearlake Capital Group, L.P., will acquire Cornerstone OnDemand, Inc.

synopsis: Cornerstone OnDemand, Inc., a global leader in talent management software, announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P., a leading private equity firm.
buyer: Clearlake Capital Group, L.P.
Clearlake Capital Group, L.P. is a leading private investment firm. With a sector-focused approach, the firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach. "
target: Cornerstone OnDemand, Inc. (CSOD:$830.04)
Cornerstone is the world’s leading people development company. The company's development solutions include comprehensive recruiting, personalized learning, modern content delivered in the flow of work, development-driven performance management, and holistic workforce data management and insights.
price ($mm)[EV]
$3,788 [$4,784]*
rev ($mm)
$830
EBITDA ($mm)
$193
EV / rev
6.3x
EV / EBITDA
27.0x
closed 7/23/2021 via BNC Analysis

Optimi Group, acquired IT Academy

synopsis: South African education solutions provider Optimi College has acquired Cape Town-based e-learning provider IT Academy. Through its acquisition of IT Academy, Optimi College will be able to offer an additional 1,000 IT and business courses, covering basic office skills attainment through to full IT career development and certification programmes.
buyer parent: PSG Group Limited
buyer: Optimi Group
Based in South Africa, The Optimi group provides education products and services across 4 divisions: Home, Workplace, Classroom, and College. Together, these divisions service over 200,000 learners per annum with accessible, simple, and affordable learning and teaching solutions. "
target: IT Academy
Based in South Africa, IT Academy is a local IT training institution offering e-learning, distance learning, and full-time, in-person technology-focused courses. Its IT courses include internet of things development, mobile apps development, Microsoft Azure, and Cisco.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/21/2021 via BNC Analysis

MRCC Group, acquired G-Cube

synopsis: US-headquartered MRCC Group has announced acquisition of digital learning firm G-Cube in what it claims is the largest transaction in the corporate learning space in India. India-based G-Cube provides learning management solutions to enterprises across industries, including companies like Lufthansa, Yamaha and Mercedes Benz.
buyer: MRCC Group
Founded in 1996 MRCC is an accredited IT solutions company that has dedicated over 24 glorious years to supporting clients and partners across the global spectrum. They offer a vast suite of services under Learning, Publishing, Technology, and IT Staffing. "
target: G-Cube
India-based G-Cube provides learning management solutions to enterprises across industries, including companies like Lufthansa, Yamaha and Mercedes Benz. G-Cube’s award winning G-Cube LMS is offered as three variants – G-Cube Enterprise, G-Cube Extended and G-Cube Mobile App.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2021 via BNC Analysis

Marlin Equity Partners, acquired LearningPool

synopsis: Marlin Equity Partners has acquired a controlling stake in Derry-based Learning Pool. Learning Pool is Northern Ireland’s largest e-learning company and provides a hosted online-learning management system that allows training to be published, tracked and reported.
buyer: Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.5 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. "
target parent: Carlyle Group
target: LearningPool
Learning Pool is Northern Ireland’s largest e-learning company. Learning Pool provides a hosted online-learning management system that allows training to be published, tracked and reported. Their library of online content catalogues can be tailored to individual customer training requirements.
price ($mm)
$212
rev ($mm)
$22
EBITDA ($mm)
EV / rev
9.7x
EV / EBITDA
closed 6/15/2021 via Company Press Release

Prosus N.V., acquired GoodHabitz B.V.

synopsis: Prosus N.V., a global consumer internet group, has acquired a majority stake in GoodHabitz B.V., a European provider of online training for businesses. Headquartered in the Netherlands, GoodHabitz provides enterprise clients with a broad range of cost-effective soft skills, such as leadership and management skills and digital learning content.
buyer: Prosus N.V. (ENXTAM:PRX:$4,086.00)
Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. "
target: GoodHabitz B.V.
Based in the Netherlands, GoodHabitz provides enterprise clients with a broad range of cost-effective soft-skills, such as leadership and management skills and digital learning content relevant to their entire employee base. The company offers 150 courses that are available across eight languages.
price ($mm)
$257
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/27/2021 via Yahoo, Inc.

Pluribus Technologies Inc., acquired ICOM Productions Inc.

synopsis: Pluribus Technologies Inc. announced the completion of the acquisition of ICOM Productions Inc. in Calgary, Alberta. ICOM offers custom digital learning solutions including learning portals, virtual & augmented reality, and gamification.
buyer: Pluribus Technologies Inc.
Pluribus Technologies, based in Canada, was founded in 2018 with the goal of consolidating the smaller players in the B2B software industry. Pluribus helps entrepreneurs exit their businesses by providing them with a liquidity event when they are seeking a succession plan. "
target: ICOM Productions Inc.
ICOM Productions, based in Canada, is at the forefront of developing innovative learning solutions, partnering with some of the world's largest and most dynamic organizations to create high-impact products with targeted learning objectives.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/23/2021 via BNC Analysis

BoxPhish Ltd, acquired Purplephish

synopsis: Boxphish, a Leeds-based leading cyber awareness and training company, has acquired competitor Purplephish. Headquartered in Manchester, Purplephish is a cybersecurity company that provides training and insights to over 100,000 end-users in over 50 mid-market and enterprise clients.
buyer: BoxPhish Ltd
Based in the UK, Boxphish is a leading player in the Cyber Awareness Market, delivering thousands of simulations and education journeys every month. The company provides a SaaS-based automated solution that covers phishing simulations, training resources and modules, reporting & analytics, and more."
target: Purplephish
Based in the UK, Purplephish empowers users to prevent cyber attacks via security awareness training and real-world phishing simulations. The company provides training and insights to over 100,000 end-users in over 50 mid-market and enterprise clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/21/2021 via PR Newswire

Welsh, Carson, Anderson & Stowe, will acquire Absorb Software

synopsis: Welsh, Carson, Anderson & Stowe will acquire Absorb Software, recognized globally as one of the fastest growing, industry-leading providers of cloud-based learning and performance management software to businesses, higher education, government, and non-profit agencies around the world.
buyer: Welsh, Carson, Anderson & Stowe
Founded in 1979, WCAS is a leading U.S. private equity firm focused on two target industries: technology and healthcare. WCAS has deep experience in acquiring founder-led businesses and corporate carve-outs. The firm has raised and managed funds totaling over $27 billion of committed capital. "
target parent: Silversmith Capital Partners
target: Absorb Software
Absorb Software is a learning technology company based in Canada. Absorb offers both Absorb Infuse, a Learning Experience Platform, and Absorb LMS, a Learning Management System for businesses, higher education, government, and non-profit agencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/21/2021 via BNC Analysis

Access Group, acquired CPL Learning

synopsis: CPL Learning, a employee education company that works closely with clients, has announced that it has been acquired by business management software provider The Access Group, with a portfolio, of solutions including ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation, manufacturing, and more.
buyer parent: TA Associates
buyer: Access Group
Access is a leading provider of business software to the UK mid-market. Their portfolio of solutions includes ERP, finance, HR, Payroll, recruitment, warehousing, business intelligence, professional service automation, manufacturing, and more. "
target: CPL Learning
CPL Learning, based in the United Kingdom, is a employee education company that works closely with clients, using collaborative and innovative methods to meet and exceed their learning and team engagement needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/14/2021 via Company Press Release

Ramboll Group A/S, acquired Incept Sustainability

synopsis: Ramboll, a global engineering, architecture and consultancy company, has acquired Incept Sustainability, an e-learning and company analytics platform in Denamrk. Incept Sustainability is an interactive e-learning platform that allows all employees to educate themselves around sustainability.
buyer: Ramboll Group A/S
Ramboll is a global engineering, architecture and consultancy company. Their 16,000 experts create sustainable solutions across Buildings; Transport; Water; Environment & Health; Architecture, Landscape & Urbanism; Energy and Management Consulting. "
target: Incept Sustainability
Incept Sustainability is an e-learning and company analytics platform in Denamrk. Incept Sustainability is an interactive e-learning platform that allows all employees to educate themselves around sustainability. Their SaaS solution enables companies to incept sustainability in their organisation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/23/2021 via GlobeNewswire

Symphony Technology Group, acquired CommPartners

synopsis: Symphony Technology Group (STG), a leading Palo Alto-based private equity firm focused on investing in the software, data analytics and software-enabled technology services sectors, has acquired CommPartners, a Columbia, Maryland-based learning management system (LMS) and virtual events company primarily serving the association market.
buyer: Symphony Technology Group
Symphony Technology Group (STG) is the private equity partner to market leading companies in data, software, and analytics. The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies. "
target: CommPartners
CommPartners helps organizations conceive, develop and fulfill their education strategy. CommPartners provides a wide range of online education services including curriculum design, instructional design, webinars, webcasts, livestream programs and virtual conferences.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/19/2021 via BusinessWire

eLearning Brothers, acquired The Game Agency

synopsis: Learning solutions company eLearning Brothers has acquired The Game Agency, solidifying the eLearning Brothers’ position as a one-stop-shop for online learning. The Game Agency creates micro-training games and immersive simulations designed to reinforce educational content, assess learner comprehension, and increase knowledge retention.
buyer: eLearning Brothers
eLearning Brothers is a leader in corporate learning technology and custom training development solutions. Its suite of integrated training development and delivery tools includes Lectora, a course authoring tool, CenarioVR for creating VR experiences, and the eLearning Brother’s Asset Library. "
target: The Game Agency
The Game Agency creates micro-training games and immersive simulations designed to reinforce educational content, assess learner comprehension, and increase knowledge retention. Their game authoring tool, The Training Arcade, has a library of 9 training games that can be customized with any content.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/17/2021 via PR Web

Axonify, acquired mLevel

synopsis: Canada-based Axonify, a leader in frontline employee training, has acquired MLevel, a data-driven digital learning platform. The strategic combination will unite the two leaders and will bring to their collective customers the significant benefits of their complementary capabilities to drive the future of modern learning.
buyer: Axonify
Based in Canada, Axonify is a leader in frontline employee training. Axonify focuses on frontline training that delivers personalized, bite-sized bursts of learning right in the flow of work, for just a few minutes a day. "
target: mLevel
MLevel is a digital learning platform that allows enterprise clients to deliver a 360° learning experience. The MLevel platform is underpinned by adaptive learning technology and reinforced by the Three Pillars of Learning, enabling clients to ensure continuous learning and achieve content mastery.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/10/2021 via BNC Analysis

Tessi SA, acquired Proformation

synopsis: Proformation, a leading provider of multi-specialist training (virtual classroom, face-to-face, e-tutoring), has been acquired by Tessi, France's leading provider of document automation solutions, payment systems, gold and currency transactions and promotional marketing.
buyer parent: Groupe HLD
buyer: Tessi SA (ENXTPA:TES:$541.51)
Tessi is France's leading provider of document automation solutions, payment systems, gold and currency transactions and promotional marketing. Tessi is an international provider of Business Process Services that helps businesses to digitise the customer experience. "
target: Proformation
Proformation is a leading provider of multi-specialist training (virtual classroom, face-to-face, e-tutoring). They offer training in foreign languages, office automation and DTP, management, professional competence, digital technology and outsourced educational services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/4/2021 via PR Newswire

KnowBe4, acquired MediaPro

synopsis: KnowBe4, a provider of the leading security awareness platform, has acquired MediaPRO, a security and privacy training solutions company. The acquisition enables KnowBe4 to provide its customers with an abundance of engaging privacy and compliance training content that will benefit their organizations.
buyer: KnowBe4
KnowBe4, provider of the leading security awareness platform. KnowBe4 helps organizations address the human element of security by raising awareness about ransomware, CEO fraud, and other social engineering tactics through a new-school approach to awareness training on security. "
target parent: Frontier Growth
target: MediaPro
MediaPRO is a security and privacy training solutions company. The company offers engaging, flexible, out-of-the-box training courses that are used by organizations of all sizes to protect sensitive data, demonstrate compliance, and reduce the risk to their reputation and bottom line.
price ($mm)[EV]
$38 [$36]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: CSLT
 
 
 
 
 
 
 
 
Castlight Health, Inc.
Castlight offers a health benefits platform that engages employees to make better healthcare decisions and enables employers to communicate and evaluate their benefit programs.
year
2016
rev ($mm)
$93.12
EBITDA ($mm)
($62.93)
EBIT ($mm)
($65.98)
Net Income ($mm)
Employees
464
  • drill down
  • watch
Ticker: ASX:RFN
 
 
 
 
 
 
 
 
Reffind
Reffind is changing the way companies employ, engage and educate staff, through technology designed for employees first. Their platform enables employers to connect with employees on their terms - over breakfast, during a coffee break, or on the train.
year
2015
rev ($mm)
$0.02
EBITDA ($mm)
($0.54)
EBIT ($mm)
($0.60)
Net Income ($mm)
$0.36
Employees
  • drill down
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Ticker: CSOD
 
 
 
 
 
 
 
 
Cornerstone OnDemand, Inc.
Cornerstone OnDemand, Inc.
Cornerstone OnDemand Inc. is a global leader in cloud-based learning and human capital management software. The company’s solutions help organizations to realize the potential of the modern workforce.
year
2021
rev ($mm)
$830.04
EBITDA ($mm)
$173.30
EBIT ($mm)
$56.97
Net Income ($mm)
Employees
2714
  • drill down
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Ticker: AIM:LTG
 
 
 
 
 
 
 
 
Learning Technologies Group
Learning Technologies Group
Learning Technologies Group (LTG) has been created with the purpose of building a market leading business of substance and scale within the exciting and fast-growing learning technologies sector.
year
2020
rev ($mm)
$180.10
EBITDA ($mm)
$46.88
EBIT ($mm)
$24.43
Net Income ($mm)
$23.69
Employees
1100
  • drill down
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Ticker: BSE:532541
 
 
 
 
 
 
 
 
NIIT Ltd
NIIT Ltd
Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 40 countries.
year
2018
rev ($mm)
$127.92
EBITDA ($mm)
$7.83
EBIT ($mm)
$5.66
Net Income ($mm)
$11.88
Employees
475
  • drill down
  • watch
Ticker: TSCC
 
 
 
 
 
 
 
 
Technology Solutions Company
Technology Solutions Company is a leading consulting firm delivering specialized technology-enabled business solutions. Our specialization is applying knowledge, derived from the intersection of industry expertise with technology and process capabilities to our clients’ business issues and problems.
year
2008
rev ($mm)
$6.30
EBITDA ($mm)
($2.00)
EBIT ($mm)
($2.13)
Net Income ($mm)
Employees
99
  • drill down
  • watch
Ticker: FMDA
 
 
 
 
 
 
 
 
Futuremedia PLC
Futuremedia PLC
Futuremedia is a leading provider of next-generation, value-driven e-learning content and services to public and private sector organizations.
year
2006
rev ($mm)
$3.46
EBITDA ($mm)
$0.19
EBIT ($mm)
$0.10
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: ASX:VPC
 
 
 
 
 
 
 
 
Velpic
Velpic stands for video eLearning platform in the cloud. It is an online multimedia presentation utilizing voice, images, video and text to deliver a dynamic visual experience to the user. It uses online video and eLearning to reduce the time to train and increase comprehension and retention.
year
2017
rev ($mm)
$1.41
EBITDA ($mm)
($2.40)
EBIT ($mm)
($2.42)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: ATAI
 
 
 
 
 
 
 
 
ATA Inc.
ATA Inc.
ATA, Inc. provides computer-based testing services in China. The company offers its services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform for professional licensure and certification tests in various industries.
year
2018
rev ($mm)
$0.20
EBITDA ($mm)
($8.26)
EBIT ($mm)
($10.08)
Net Income ($mm)
$127.11
Employees
551
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Ticker: SKIL
 
 
 
 
 
 
 
 
SkillSoft Limited
SkillSoft Limited
Skillsoft is a global leader in corporate digital learning. The company’s solutions are an advantage for the entire enterprise, enabling organizations to overcome critical skill gaps, drive demonstrable behavior change, and unlock the potential in their greatest assets – their people.
year
2021
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
($4.19)
Net Income ($mm)
Employees
0
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Ticker: BOVESPA:DTCY3
 
 
 
 
 
 
 
 
Dtcom
Dtcom
Founded in 2000, Dtcom is recognized as the best corporate knowledge company in the Brazilian market. The company integrates communication and education platforms, methodologies and differentiated content.
year
2015
rev ($mm)
$3.86
EBITDA ($mm)
$0.32
EBIT ($mm)
$0.03
Net Income ($mm)
Employees
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Ticker: GB:RM.
 
 
 
 
 
 
 
 
RM plc
RM plc
RM is a UK company, focused on supporting teachers to teach and learners to learn. It provides innovative products from classroom resources, through school technologies to systems for marking exams and delivering school performance data.
year
2018
rev ($mm)
$277.37
EBITDA ($mm)
$36.28
EBIT ($mm)
$32.36
Net Income ($mm)
$21.25
Employees
1760
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Ticker: VCMP
 
 
 
 
 
 
 
 
VCampus Corporation
VCampus Corporation
VCampus develops training programs and educational courseware for business, government, and academic customers. Using its e-Learning system, VCampus offers training from a catalog of more than 5,000 online courses ranging in subject matter from accounting to information technology to compliance.
year
2006
rev ($mm)
$7.45
EBITDA ($mm)
($2.31)
EBIT ($mm)
($3.89)
Net Income ($mm)
Employees
53
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Ticker: AXLX
 
 
 
 
 
 
 
 
Axiologix
Axiologix
Axiologix is an International Technology and Services Organization focused on delivering Cloud-based Products and Services. It is creating a nationwide Service Provider of Voice, Data and Cloud services to small and medium size businesses primarily in the United States.
year
2013
rev ($mm)
$9,914.00
EBITDA ($mm)
EBIT ($mm)
($0.32)
Net Income ($mm)
Employees
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Ticker: PCSV
 
 
 
 
 
 
 
 
PCS Edventures, Inc.
PCS Edventures, Inc.
PCS Edventures!.com, Inc. is a developer of STEM – science, technology, engineering and mathematics – education products for preschool through college students.
year
2013
rev ($mm)
$2.94
EBITDA ($mm)
($0.42)
EBIT ($mm)
($0.44)
Net Income ($mm)
Employees
19
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Ticker: ADPT
 
 
 
 
 
 
 
 
Adaptec Inc.
Adaptec Inc.
Adaptec Inc. provides trusted storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions provide storage connectivity, data protection, and networked storage to enterprises, medium and small businesses worldwide.
year
2010
rev ($mm)
$73.68
EBITDA ($mm)
($22.99)
EBIT ($mm)
($29.99)
Net Income ($mm)
Employees
187
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Ticker: TSE:4813
 
 
 
 
 
 
 
 
ACCESS Co., Ltd.
ACCESS Co., Ltd.
ACCESS provides advanced IT solutions centered around mobile and network software technologies to telecom carriers, consumer electronics manufacturers, broadcasting companies and the automotive industry around the world.
year
2019
rev ($mm)
$72.73
EBITDA ($mm)
$12.55
EBIT ($mm)
$4.77
Net Income ($mm)
$3.37
Employees
559
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