Browsing news: Acquisitions and financial

    • Learning Pool delivers strong annual results supporting customers through changing work practices

      Learning Pool |

      E-learning group, Learning Pool, today announced strong financial results for the year ending 30 April 2020 (FY20). The group maintained its growth trajectory and, following the strategic acquisition of HT2 Labs earlier in the year, successfully demonstrated the continuing value of online learning for clients through the uncertainty of the Covid-19 pandemic. Resulting revenues in the twelve-month period were up 32% to £18.1m.

    • Five V purchases Totara ownership interest

      Totara |

      Totara today announced that its owners have entered into a purchase agreement with Sydney private equity firm Five V Capital, under which Five V will acquire a majority ownership interest in Totara. The operations and management of Totara will remain unchanged with Richard Wyles continuing as Chief Executive Officer.

    • Sponge joins forces to power up digital learning

      Sponge | Plymouth, UK |

      Award-winning custom digital learning company, Sponge, has been acquired by Aliter Capital to form part of the private equity firm’s corporate training group. The company will play a strategic role in supporting Aliter’s goal to establish a major new force in the learning technology market.

    • Panopto Announces Record-Breaking Growth

      Panopto | London |

      Panopto, a leading enterprise video platform provider, announced recently that it has accelerated the rapid year-over-year growth the company has produced annually since its founding in 2007.

    • EdApp announces $4.25M investment

      EdApp |

      Corporate training platform EdApp has secured $4.25 million in a funding round led by its existing backer SafetyCulture.

    • Kallidus announces H1 2019 financial results

      Kallidus | Cirencester, UK |

      Kallidus, the award-winning learning and talent management provider, are pleased to announce new customer license sales for the first 6 months are up by 66% from the same period last year.

    • 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.