Browsing news: Acquisitions and financial

    • CDC Group, University Ventures and Savannah invest combined $12m into UNICAF

      UNICAF |

      CDC Group plc, University Ventures and Savannah today announce that they will invest a combined $12m into UNICAF. The investment will support the roll-out of UNICAF’s higher education learning centres across African cities, including finalising the establishment of a university campus in Malawi.

    • Global Demand for Saba Cloud Drives Record Business Results in Second Quarter of Fiscal Year 2016

      Saba Software | London, United Kingdom |

      Saba, a global leader in cloud-based intelligent Talent Management solutions, has announced record Q2 new customer cloud bookings for the second quarter of fiscal 2016 (November 30, 2015). During the second quarter, Saba also unveiled new product innovations in talent management and saw continued growth of its prominent portfolio of global customers.

    • Capita acquires e-learning company Brightwave

      Capita |

      Capita has today announced the acquisition of Brightwave, an e-learning company that specialises in designing learning solutions to improve performance in businesses.

    • Unicorn Training announces record year

      The Access Group | London |

      Unicorn Training, one of the UK’s longest established and most respected online learning companies, has reported record sales and growth of a third in 2015.

    • Venture capital firm Klass Capital acquires Seeweb’s shares in Docebo

      Docebo | Athens, Georgia, USA |

      Last February, cloud elearning provider Docebo raised $3m in growth equity from Canada based Venture Capital firm Klass Capital to accelerate the growth of its SaaS enterprise elearning platform and fuel expansion into the North American market. After only four months, Klass Capital decided to acquire Seeweb’s shares in Docebo.

    • Fuse Universal Raises $10million Growth Capital Investment

      Fuse Universal | London |

      Fuse Universal announces $10million growth capital investment to disrupt the global learning technology market. Education Growth Partners invests $10million to bolster traction in Corporate and Higher Education markets, expand sales and services operations in London, Cape Town and New York and accelerate the product roadmap.

    • Saba Provides Company and Restatement Update

      Saba Software | Bracknell, UK |

      Bracknell, UK, December 15, 2014 – Saba (OTC Pink: SABA), a global leader in cloud-based intelligent talent management solutions, today provided an update on the Company and its progress on the restatement.

    • LINE reports significant revenue results

      LINE Communications | London |

      LINE Communications, one of Europe’s leading providers of learning and communications solutions has announced outstanding results at the end of its third quarter of trading in 2013.

    • The Training Associates Reports Record Sales for 2012

      TTA | Westborough, MA (USA) |

      The Training Associates™ (TTA™), the largest provider of IT training professionals and solutions to organizations, reported record Q4 profits and annual revenue. Revenues for the quarter ending December 31, 2012, were $13.7 million, a 23% increase over the $11.2 million reported for Q4 2011. Year-end revenue for 2012 was $71.2 million, a 30% increase over the $55 million reported for 2011.

    • Learning Light collaborates with IBIS Capital to produce a detailed e-learning market report

      Learning Light | Sheffield, UK |

      IBIS Capital Limited, a specialist investment bank focused on the Media sector, has produced a 101 page report on the e-Learning sector – with market information and analysis from Learning Light, a consultancy with an in-depth knowledge and experience of the e-Learning marketplace and how to use e-Learning materials effectively.

    • Upside Learning Records YOY Growth Of 97% In FY 2012

      Upside Learning | Pune, India |

      For Upside Learning, the first half of FY 2012 ended with a stunning YOY growth of 97%. Revenues for this leading provider of learning technology solutions company are primarily driven by UpsideLMS, its multi award–winning Learning Management System, and Custom Learning Solutions, which include tailor-made solutions for desktops and mobile devices.

    • Growth and Innovation at Kineo E-Learning

      Kineo | Brighton |

      Kineo, the leading learning technology company, announced strong growth in the first six months of 2012. On the back of record sales last year, Kineo has today announced that sales orders grew by over 25% in the first six months of the current financial year (March to August 2012) against the same period last year.

    • e2train year end results show strong profitable growth

      Kallidus | Cirencester, UK |

      e2train, the leading provider of learning and talent management solutions, today announced that its revenues for the financial year ending June 2012 are up 31% on the previous year. This is the eighth year in a row that e2train has shown annual profitable growth, with the company’s operating profits up 80% on 2011’s year end results.

    • The Training Associates Reports 2012 Second Quarter Results

      TTA | Westboro, MA (USA) |

      The Training Associates (TTA), the largest provider of learning and development consultants and solutions, recently reported record sales and a highly profitable second quarter. Company revenues for the quarter ending June 30, 2012 were reported at $26.1 million compared with $14.6 million in Q2 2011.

    • Docebo sees a SaaS business growth of 500% in 4 months

      Docebo | Milan, Dubai, New York |

      Docebo Cloud, the E-Learning platform delivered “as a service”, has been chosen by more than 5.000 worldwide organizations in the first 120 days. The company’s SaaS business grows up to 500% in the first 4 months.

    • Small manufacturers show the most positive growth in Britain’s SME sector

      The Open University | UK |

      With the welcome exception of manufacturing, the pace of recovery among Britain’s small businesses appears to have paused over the past quarter according to the Quarterly Survey of Small Business in Britain, which is produced by The Open University Business School and supported by ACCA (The Association of Chartered Certified Accountants) and Barclays Business.

    • Global Knowledge Announces the Appointment of Allan Pettman as UK Managing Director

      Global Knowledge | Wokingham |

      Global Knowledge the leader in IT and business skills training, today announced the appointment of Allan Pettman as the new UK Managing Director. Allan brings a wealth of industry experience having been part of the senior management team at Parity for over 5 years, holding both the Sales Director and, most recently, the Managing Director position.

    • LINE on top form during difficult times

      LINE Communications | London |

      LINE Communications, a leading provider of learning and communications solutions, announces record results for its 2008 financial year end. The achievement of revenues in excess of £7m (an increase of 40% on 2007) crowns a three year growth period which has seen high levels of planned growth and profitability for the company. In the period January 2006 - December 2008, LINE's overall growth has exceeded 135%.

    • KnowledgePool Reports Another Year of Profitable Growth

      KnowledgePool | Bracknell, UK |

      Managed learning services company KnowledgePool today announced strong financial results after another year of profitable growth through new business wins and a major acquisition.

    • Cornerstone OnDemand announces record fourth quarter & 2007 calendar year

      Cornerstone OnDemand | Paris, France & London, UK |

      Cornerstone OnDemand, the provider of on-demand, integrated learning and talent management (ITM) software and services, has announced that the fourth quarter of 2007 was a record quarter and 2007 a record year for the company, with high growth and top rankings in customer satisfaction for Software-as-a-Service (SaaS) learning and talent management provision.

    • KnowledgePool reports a year of strong results, accolades and expansion

      KnowledgePool |

      Managed learning services company KnowledgePool today announced strong financial results, after an exceptional year of accolades, new business wins and expansion.

      The company - which manages learning for major clients such as British Airways, Lloyds TSB and Merrill Lynch - achieved an operating profit on a turnover of £14.2m, a 90% increase in revenues. Its position as the UK market leader in managed learning has been verified by NelsonHall, the outsourcing analyst firm, which maintains that KnowledgePool has 16% of a £110m UK market that is growing at 13% per annum.

    • Seminar 'review' earns high praise at WOLCE 2007

      Acteon Communication and Learning | Cambridge, UK |

      Seminar Author's latest feature caught the eye of many visitors at the World of Learning Conference and Exhibition (WOLCE) last week at the NEC, Birmingham.

    • Incentive aims to increase trainer accreditations

      The Training Foundation | Coventry |

      The Training Foundation has joined forces with the Financial Services Skills Council (FSSC) in an arrangement designed to increase the number of applicants seeking FSSC Recognised Trainer status by making the recognition process more affordable.

    • KnowledgePool reports strong financial results

      KnowledgePool |

      Learning services company KnowledgePool today announced strong financial results for its first full year of trading since it became an independent business under private equity ownership.

    • BroadSkill again reports 40% growth

      Bray Leino Learning |

      BroadSkill, the UK's premier supplier of freelance IT trainers, today announced that revenue growth in 2004 was just under 40%. This is the second year running that growth has been around 40%, meaning that the company has almost doubled in just two years. By comparison, the UK IT training market as a whole declined by 10% in 2003, according to IT Skills Research, and is likely to have been at best flat in 2004.

    • As name changes BroadSkill reports 40% revenue growth

      Bray Leino Learning |

      BroadSkill, the UK's largest supplier of freelance IT trainers, today announced that its revenues grew by 40% in calendar year 2003. This is in contrast to the UK training market which, according to IT Skills Research, is estimated to have declined by 13% over the same period. The UK company, which changed its name on 1st January from Intuition Group, also reported a string of new clients over the period.

    • Xpertise Group PLC interim results for the six months ended 30 June 2002

      QA |

      Highlights
      · Results
      - Turnover from continuing operations up by 12% against the previous year
      - Order intake remains at a similar level to last year
      - Operating profit at Xpertise Training, before allocation of group costs, of £104,000 (2001 - £20,000)
      - Opening half costs of £133,000 in the new Training Solutions division
      - Operating loss on continuing operations before goodwill amortisation of £246,000 (2001 - loss of £81,000)
      - Loss on ordinary activities before tax of £333,000 (2001 - loss of £231,000)

      - Successful establishment of Training Solutions division
      - London base secured through acquisition of a scheduled training business
      - Board optimism with regard to the expansion of the group

    • Epic Group: interim results

      Epic |

      Epic Group, leaders in e-learning, announce interim results for the six months ended 30 November 2001.