Themen

Privately Held Company

Clearlake Capital Completes Acquisition of Cornerstone

Santa Monica, CA (USA), October 2021 - Clearlake Capital Group, L.P. has announced the completion of its acquisition of Cornerstone OnDemand, Inc., a global leader in talent management software. The acquisition was announced on 05 August 2021 and was approved by Cornerstone OnDemand shareholders on 12 October 2021. Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash. As a result of the transaction, Cornerstone is now a privately held company, and shares of Cornerstone common stock are no longer listed on the public market.

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Expansion

LTG Completes Acquisition of GP Strategies

London (UK), October 2021 - The acquisition of GP Strategies enables Learning Technologies Group (LTG) to create a leading workforce transformation business focused on learning and talent. The addition of GP Strategies enables expansion of LTG's international footprint, blue-chip client base, and cross-sell strategy. GP Strategies will also provide deep industry expertise, including targeted expansion sectors such as pharma, aerospace, and automotive, as well as capabilities such as leadership development and technical training.

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Will Become a Privately Held Company

Cornerstone to be Acquired by Clearlake for US$5.2 Billion

Santa Monica, CA (USA), September 2021 - Cornerstone OnDemand, Inc., a global leader in talent management software, has announced it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P., a leading private equity firm. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately $5.2 billion.

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TopClass LMS

WBT Systems Announces Its Acquisition by Advanced Solutions

Nashua, NH (USA), September 2021 - WBT Systems and Advanced Solutions International (ASI), two leading global providers of products and services for associations and non-profits, have announced the signing of an agreement for ASI to acquire WBT Systems. WBT Systems's flagship learning platform, TopClass LMS, will join ASI's portfolio of subscription (SaaS) products and services.

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Founded in 1888

McGraw Hill acquired for US$ 4.5 Billion

Los Angeles, CA / New York, NY (USA), August 2021 -- Platinum Equity has announced that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion.

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Cloud Courses

Pluralsight to Acquire "A Cloud Guru"

Draper, UT (USA), June 2021 - Pluralsight, Inc., a technology workforce development company, has announced its entry into a definitive agreement to acquire A Cloud Guru (ACG), a leading cloud skills development platform. The acquisition is expected to close later this year, subject to customary closing conditions, and follows Vista Equity Partners' recent acquisition of Pluralsight.

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Further Growth

Sponge Group Acquires Idox Compliance

Plymouth (UK), March 2021 - The Sponge Group is delighted to announce its acquisition of Idox Compliance, one of Europe's leading providers of compliance eLearning solutions. With Idox Compliance’s offices in Berlin and Brussels, Sponge Group will now have an operating presence in the EU, enabling further growth and strengthening its library of ready-to-go compliance related content.

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Employee-Centric Experience

LTG Expands Mid-Enterprise Learning with Acquisition

London (UK), February 2021 - Learning Technologies Group plc, a provider of services and technologies for digital learning and talent management, has agreed to acquire Bridge from Instructure Inc. The acquisition of Bridge will expand Learning Technologies Group's capabilities in the mid-enterprise market.

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Employee Lifecycle

Kallidus Expands HCM Offering with Acquisition of Sapling

Rob Caul, KallidusLondon (UK), February 2021 - Kallidus, one of the UK's fastest-growing software companies providing talent management software and digital learning, has announced its acquisition of Sapling, a leading people operations platform. The acquisition transforms Kallidus, which is backed by Apse Capital, a European private equity firm that specialises in investing in tech-enabled B2B companies, into a full-suite human capital management (HCM) software and digital learning provider, offering businesses solutions across the entire employee lifecycle.

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Compliance

HSI Acquires eLearning Provider ej4

Frisco, Texas (USA), January 2021 - HSI, a leader in environmental health and safety (EHS) and workforce development software, training, and compliance solutions, recently announced its acquisition of leading eLearning provider ej4.

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