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U.K.’s Learning Technologies Group (LTG), provider of specialist learning management solutions, acquires PeopleFluent for $150M (1.4x EV/Revenue). PeopleFluent is a provider of cloud-based integrated talent solutions focusing on all aspects of the employee life cycle: recruitment, development, performance and compensation. The acquisition will expand LTG’s current offering to provide talent management solutions to its clients while expanding LTG’s presence in the U.S.
Seller Business Description:
PeopleFluent is a leading independent provider of cloud-based integrated recruiting, talent management, and compensation management solutions. HQ: Raleigh, NC
Buyer Business Description:
Learning Technologies Group (LTG) provides various e-learning services and technologies to corporate and government clients worldwide. HQ: Brighton, U.K. See Press Release.