![\"\"](\"https:\/\/trainingindustry.com\/content\/uploads\/2024\/10\/Q3-2024-Card-1.jpg\")
\r\n\r\nThat said, there\u2019s still a significant need for AI upskilling \u2014 for both training professionals and employees across the business. Let\u2019s take a moment to consider the deals that took place last quarter, which reflect the need for AI upskilling, more holistic sales training and support, and more.\r\nLearning Tech<\/h2>\r\nThe learning technologies market segment saw the most activity last quarter. Here are the deals we took note of:\r\n\r\n \t- London-based Learning Technologies Group (LTG) is set to agree to a 792 million pounds ($1.06 billion) takeover bid by General Atlantic, a U.S.-based private equity firm, if a formal offer is made. \u201cLTG, which provides corporate training tools including mobile apps and training videos, said its board was inclined to recommend the proposed offer of 100 pence per LTG share if General Atlantic makes a firm offer on those financial terms,\u201d the press release<\/a><\/li>\r\n \t
- Instructure Holdings, Inc. (\u201cInstructure\u201d), an online learning ecosystem and provider of Canvas, a learning management system (LMS), entered into a definitive agreement to be acquired<\/a> by investment funds managed by KKR, a leading global investment firm, for $23.60 per share in an all-cash transaction valued at approximately $4.8 billion.<\/li>\r\n<\/ul>\r\n
![\"\"](\"https:\/\/trainingindustry.com\/content\/uploads\/2024\/10\/Q3-2024-Card-2.jpg\")
\r\n\r\n \t- Whatfix, a provider of digital adoption platforms, secured $125 million in a Series E funding round<\/a> to enhance its product suite and strengthen its footprint in the global public sector.<\/li>\r\n \t
- Uplimit, an AI-powered enterprise learning solutions provider, closed a $11 million Series A funding round. The investment \"emphasizes the critical need for effective employee upskilling solutions due to the accelerating pace of GenAI\u2019s influence on the future of work,\u201d according to the press release<\/a>.<\/li>\r\n<\/ul>\r\n
![\"\"](\"https:\/\/trainingindustry.com\/content\/uploads\/2024\/10\/Q3-2024-Card-3.jpg\")
\r\nWorkforce Development<\/h2>\r\nThe workforce development sector saw two deals last quarter, highlighting the growing demand for training and upskilling among front-line and skilled trades workers.\r\n\r\n \t- L2L, a connected workforce solutions provider, announced the acquisition of SwipeGuide, a provider of mobile-first front-line training and visual job aids for the manufacturing workforce with a strong presence in Europe. According to the press release<\/a>, \u201cWith the addition of SwipeGuide to its product portfolio, L2L is better positioned to support its customers\u2019 frontline training and upskilling efforts \u2014 a need underscored by the ongoing shortage of skilled manufacturing employees.\u201d<\/li>\r\n \t
- Interplay Learning (\u201cInterplay\u201d), an immersive skilled trades training provider, secured funding from Goldman Sachs Alternatives (\u201cGoldman Sachs\u201d) and acquired<\/a> Industrial Training International (ITI) to expand its footprint in key sectors. As part of this investment round, Interplay is adding Richard Waitumbi, managing director at Goldman Sachs, to its board of directors.<\/li>\r\n<\/ul>\r\n
![\"\"](\"https:\/\/trainingindustry.com\/content\/uploads\/2024\/10\/Q3-2024-Card-4.jpg\")
\r\nOther Deals By Market Segment<\/h2>\r\nContent Development: <\/strong>\r\n\r\n \t- Global learning technology company D2L announced that it has acquired H5P Group<\/a>, a provider of interactive content creation software. \u201cThis transaction aligns with D2L\u2019s commitment to expanding its learning platform with a focus on technologies that enhance the learning moment and improve learning outcomes,\u201d the press release<\/a><\/li>\r\n<\/ul>\r\nCompliance: <\/strong>\r\n
\r\n \t- KnowBe4, provider of security awareness training and a simulated phishing platform, announced the completion of its acquisition of Egress<\/a>, a provider of adaptive and integrated cloud email security solutions.<\/li>\r\n<\/ul>\r\nStrategy: <\/strong>\r\n
\r\n \t- Lumify Group, a provider of corporate information communications technology (ICT), soft skills and digital skills training, announced the acquisition<\/a> of Wizard Corporate Training, an Australian training provider.<\/li>\r\n<\/ul>\r\nSales: <\/strong>\r\n
\r\n \t- Richardson Sales Performance (\u201cRichardson\u201d), a leading global provider of sales training solutions, announced the acquisition<\/a> of Challenger, known for their research-based Challenger selling approach.<\/li>\r\n<\/ul>\r\n
![\"\"](\"https:\/\/trainingindustry.com\/content\/uploads\/2024\/10\/Q3-2024-Card-5.jpg\")
\r\n\r\nLeadership: <\/strong>\r\n\r\n \t- Apprentify Group, a U.K.-based digital and technical apprenticeship provider, announced the acquisition<\/a> of ioda, a management and leadership training and coaching firm.<\/li>\r\n<\/ul>\r\nWhat did you think of last quarter\u2019s deals? What are your market predictions for next quarter? Share your thoughts by tagging Training Industry on social media or by emailing <\/em>editor@trainingindustry.com<\/em><\/a>. <\/em>","full_width":false,"content_band":[{"acf_fc_layout":"content_area","wysiwyg":"[hubspot type=\"form\" portal=\"47185625\" id=\"7e962f31-7bb4-497b-a425-af60588bd3a9\" version=\"v4\"]
\r\n- \r\n \t
- Whatfix, a provider of digital adoption platforms, secured $125 million in a Series E funding round<\/a> to enhance its product suite and strengthen its footprint in the global public sector.<\/li>\r\n \t
- Uplimit, an AI-powered enterprise learning solutions provider, closed a $11 million Series A funding round. The investment \"emphasizes the critical need for effective employee upskilling solutions due to the accelerating pace of GenAI\u2019s influence on the future of work,\u201d according to the press release<\/a>.<\/li>\r\n<\/ul>\r\n
\r\nWorkforce Development<\/h2>\r\nThe workforce development sector saw two deals last quarter, highlighting the growing demand for training and upskilling among front-line and skilled trades workers.\r\n
- \r\n \t
- L2L, a connected workforce solutions provider, announced the acquisition of SwipeGuide, a provider of mobile-first front-line training and visual job aids for the manufacturing workforce with a strong presence in Europe. According to the press release<\/a>, \u201cWith the addition of SwipeGuide to its product portfolio, L2L is better positioned to support its customers\u2019 frontline training and upskilling efforts \u2014 a need underscored by the ongoing shortage of skilled manufacturing employees.\u201d<\/li>\r\n \t
- Interplay Learning (\u201cInterplay\u201d), an immersive skilled trades training provider, secured funding from Goldman Sachs Alternatives (\u201cGoldman Sachs\u201d) and acquired<\/a> Industrial Training International (ITI) to expand its footprint in key sectors. As part of this investment round, Interplay is adding Richard Waitumbi, managing director at Goldman Sachs, to its board of directors.<\/li>\r\n<\/ul>\r\n
\r\nOther Deals By Market Segment<\/h2>\r\nContent Development: <\/strong>\r\n
- \r\n \t
- Global learning technology company D2L announced that it has acquired H5P Group<\/a>, a provider of interactive content creation software. \u201cThis transaction aligns with D2L\u2019s commitment to expanding its learning platform with a focus on technologies that enhance the learning moment and improve learning outcomes,\u201d the press release<\/a><\/li>\r\n<\/ul>\r\nCompliance: <\/strong>\r\n
- \r\n \t
- KnowBe4, provider of security awareness training and a simulated phishing platform, announced the completion of its acquisition of Egress<\/a>, a provider of adaptive and integrated cloud email security solutions.<\/li>\r\n<\/ul>\r\nStrategy: <\/strong>\r\n
- \r\n \t
- Lumify Group, a provider of corporate information communications technology (ICT), soft skills and digital skills training, announced the acquisition<\/a> of Wizard Corporate Training, an Australian training provider.<\/li>\r\n<\/ul>\r\nSales: <\/strong>\r\n
- \r\n \t
- Richardson Sales Performance (\u201cRichardson\u201d), a leading global provider of sales training solutions, announced the acquisition<\/a> of Challenger, known for their research-based Challenger selling approach.<\/li>\r\n<\/ul>\r\n\r\n\r\nLeadership: <\/strong>\r\n
- \r\n \t
- Apprentify Group, a U.K.-based digital and technical apprenticeship provider, announced the acquisition<\/a> of ioda, a management and leadership training and coaching firm.<\/li>\r\n<\/ul>\r\nWhat did you think of last quarter\u2019s deals? What are your market predictions for next quarter? Share your thoughts by tagging Training Industry on social media or by emailing <\/em>editor@trainingindustry.com<\/em><\/a>. <\/em>","full_width":false,"content_band":[{"acf_fc_layout":"content_area","wysiwyg":"[hubspot type=\"form\" portal=\"47185625\" id=\"7e962f31-7bb4-497b-a425-af60588bd3a9\" version=\"v4\"]
- Richardson Sales Performance (\u201cRichardson\u201d), a leading global provider of sales training solutions, announced the acquisition<\/a> of Challenger, known for their research-based Challenger selling approach.<\/li>\r\n<\/ul>\r\n
- Lumify Group, a provider of corporate information communications technology (ICT), soft skills and digital skills training, announced the acquisition<\/a> of Wizard Corporate Training, an Australian training provider.<\/li>\r\n<\/ul>\r\nSales: <\/strong>\r\n
- KnowBe4, provider of security awareness training and a simulated phishing platform, announced the completion of its acquisition of Egress<\/a>, a provider of adaptive and integrated cloud email security solutions.<\/li>\r\n<\/ul>\r\nStrategy: <\/strong>\r\n
- Interplay Learning (\u201cInterplay\u201d), an immersive skilled trades training provider, secured funding from Goldman Sachs Alternatives (\u201cGoldman Sachs\u201d) and acquired<\/a> Industrial Training International (ITI) to expand its footprint in key sectors. As part of this investment round, Interplay is adding Richard Waitumbi, managing director at Goldman Sachs, to its board of directors.<\/li>\r\n<\/ul>\r\n
- Uplimit, an AI-powered enterprise learning solutions provider, closed a $11 million Series A funding round. The investment \"emphasizes the critical need for effective employee upskilling solutions due to the accelerating pace of GenAI\u2019s influence on the future of work,\u201d according to the press release<\/a>.<\/li>\r\n<\/ul>\r\n