Omniplex secures investment from LDC to accelerate growth strategy
Global elearning solutions provider, Omniplex, has secured investment from mid-market private equity investor LDC, as it targets further expansion to support the digital transformation of L&D within organisations across the UK.
LDC’s investment is set to boost Omniplex’s bold organic growth strategy, empowering it to expand its market share and suite of digital services.
With an impressive client base across the UK and China, Omniplex has a uniquely global insight into the world of digital learning. Trusted by some of the biggest companies including Pfizer, KPMG, China Lottery, GSK and Deloitte, Omniplex is a market-leading all-in-one digital learning provider, offering award-winning software from Articulate, Docebo and Vyond. It also provides bespoke content development through their digital learning design agency, Cursim.
LDC is backing the business’ existing management team led by CEO Matthew Lloyd. Commenting on the deal, Matthew shared ‘This investment from LDC marks a major milestone for Omniplex and a key next step in our journey. It will enable Omniplex to fund a range of exciting projects and allow us to provide even better product, content and services to our growing client base.’
He continued ‘I’m delighted to welcome LDC as our new partners. Their expertise and knowledge will be invaluable as we continue to expand our leadership position within the global elearning market and truly transform learning in the workplace while remaining true to our culture and ethos.’
Under leadership of Matthew Lloyd, the company has experienced strong growth year-on-year. Throughout his 20 years in the elearning industry, Matthew has been responsible for introducing the latest learning technologies to hundreds of companies around the world and across all industries. His passion for digital learning, and the impact it has on organisations, has led to Matthew establishing businesses in two continents and working in over 40 countries with organisations as diverse as Barclays Bank to Beijing Municipal Council. In 2014, Matthew also launched Omniplex’s digital learning design agency division, Cursim, which has seen an extraordinary journey since and is committed to creating learning that engages, inspires and excites learners.
Jasmine Kundra, Head of Cursim, commented ‘As we enter this new digital era, there is an ever-growing need for digital learning. elearning can no longer be static. We need to surprise, delight and intrigue learners. Here at Cursim, we are always embracing a fresh and innovative approach to what learners are looking for while pushing the boundaries for design, technology, and learning. This investment by LDC is going to help us accelerate the expansion and innovation of what we can bring to the digital learning market and compete with the digital noise in the workplace today.’
LDC’s support will enable the management team to further consolidate its market-leading position as it targets further organic growth and explores complementary acquisitions.
LDC has invested more than £1bn in UK tech, media and telecoms (TMT) companies. In addition to Omniplex, LDC has backed a number of TMT businesses over the past 12 months including ultra-secure, cloud-based data infrastructure provider Aker Systems, online order fulfilment provider James and James, and 3D software reseller Solid Solutions.
For any questions please contact Punam Kaur at [email protected]