Learning solutions company eLearning Brothers has received an additional investment to enable its acquisitions of the coaching platform, Rehearsal and the India-based learning provider, Origin Learning, both announced last month.
The investment also recapitalises the business' debt under a sole debtholder in an aim to better position the business for future acquisitions.
Rehearsal and Origin join game-based learning solutions provider The Game Agency, elearning authoring application Lectora, virtual reality builder CenarioVR and the learning experience platform Rockstar as part of eLearning Brothers' offerings.
Greg Robinson, Co-founder and Managing Partner of RLG Capital, one of the investors behind today's announcement, said: “This new investment is evidence of our continuing confidence in eLearning Brothers’ vision to create a one-stop integrated online platform for the corporate learning industry.”
“With our 5 acquisitions over the past 20 months, and with the growth of remote workers since the pandemic, the Company has leapfrogged the competition.”