Brighton, UK-based Learning Technologies Group PLC (LTG) serves the corporate digital learning and talent management market through several educational technology (EdTech) businesses. Since its formation in 2013, the company has expanded through several acquisitions and product launches with over 4,000 customers as of April 2020. The US accounts for about 70% of the group’s business while the UK and Europe account for most of the rest.
LTG’s content and services division includes its LEO Learning content, media, tools, and platform provider, the LEO GRC (formerly Eukleia) provider of governance, risk management, and compliance training solutions, and PRELOADED, a games studio.
The company’s software and platforms division accounts for about 70% of LTG’s revenue. This division includes PeopleFluent, a US-based provider of cloud-based integrated recruiting, talent management, and compensation management solutions (acquired in 2018); Gomo, a multi-device authoring tool; Rustici Software, a provider of e-learning standards conformance solutions (acquired in 2016); Watershed, a learning record store (acquired in 2018); Affirmity, a supplier of workforce compliance and diversity solutions (launched in 2018); VectorVMS, a vendor management solution; Breezy HR, a recruiting platform (acquired in 2019); Instilled, a learning experience platform (launched in 2019); and Open LMS, a large commercial Moodle provider (acquired from Blackboard in March 2020).
LTG’s PeopleFluent business was expanded through the acquisition of Reflektive, provider of an engagement and analytics platform (January 2021), and Bridge, a corporate LMS for mid-enterprise organisations, from Instructure Inc. (February 2021) The acquisition complements PeopleFluent, which serves the large enterprise market, and BreezyHR, which serves the small and medium-sized business market. In March 2021, Visier, a provider of workforce analytics and planning applications, made its analytics available on PeopleFluent, with a full launch out of beta testing scheduled for later in 2021. The company enhanced Bridge’s data interpretation capabilities in May 2021 with the introduction of Bridge Analytics to help organizations measure the impact of their employee learning and performance programs.
Meanwhile, LTG expanded Affirmity's geographic reach and its online training and diversity consulting capabilities with the acquisition of PDT Global, a diversity and inclusion training and consultancy firm, in February 2021.
LTG has strengthened its Open LMS business through the acquisition of Australian firm eCreators, and eThink Education, a US-based provider of e-learning solutions that support the Moodle and Totara learning management systems (LMS), in 2020. In February 2021, Open LMS announced plans to release its Moodle modules and enhancements in line with its commitment to be fully open source by the end of 2021. The business will also increase its investment in developing learning management system (LMS) features and code for the e-learning market. Additionally, the business is making its Learnbook LMS open source and rebranding it “Open LMS Work.” In May 2021, Open LMS partnered with K16 Solutions, a provider of LMS course migration, course design, and course archiving services, to make its own LMS migration and onboarding process for new clients easier. In August 2021, Open LMS announced a merger of its Elearn magazine with LMSPulse, a news source for the elearning community, which reflects an increased commitment to provide open source content to the elearning community. Further, Rustici Software’s position in the e-learning standards market was bolstered with the acquisition of US-based JCA Solutions, a provider of products and services supporting e-learning standards, in 2020. In August 2021, Open LMS partnered with Mediamaisteri Oy, a Moodle-based EdTech services provider, to expand into the Finnish and Nordic markets.
In July 2021, LTG acquired GP Strategies Corporation, an NYSE-listed workforce transformation solutions provider, which will become a division of LTG and be delisted from the NYSE. The acquisition allows LTG to deliver enhanced training, consulting, and business improvement services tailored to clients while expanding GP Strategies’ product offering and footprint. The company raised GBP 85 million (USD 118 million) in a share placing to part-fund the acquisition.