Learning Technologies Group Expands Performance Management Offering With Acquisition of Reflektive
Acquisition of agile performance management software, Reflektive, will expand PeopleFluent’s capabilities with enhanced engagement and analytics tools.
Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, has agreed to acquire Reflektive Inc, a leading performance management software provider.
Headquartered in San Francisco, Reflektive specialises in engagement and analytics tools. It offers a collaborative goal-setting, continuous feedback, and analytics platform used by teams and individuals to provide measurable results for boosting productivity, engagement, and retention. Reflektive will join LTG’s PeopleFluent business, integrating its solution with the existing PeopleFluent talent management portfolio.
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Jonathan Satchell, Chief Executive of Learning Technologies Group, said: “I am delighted to announce our acquisition of Reflektive, which will join during this exciting time of resilient growth for LTG’s Software and Platforms division. Reflektive takes a cutting-edge approach to performance management, matched with flagship tools that enable truly engaging continuous goal-setting within organisations. This highly complementary acquisition will enhance the capabilities of PeopleFluent, bringing over 450 new corporate customers. Furthermore, it increases LTG’s proportion of proforma recurring revenue to more than 80%.”
A modern performance management solution, Reflektive offers a collaborative platform that brings performance into the flow of work – allowing clients to align company-wide shared goals and OKRs (Objectives and Key Results), provide continuous feedback, and track employee performance, recognition and engagement. With Reflektive, organisations can scale constructive, ongoing conversations and measure the positive impact this has on employee productivity, engagement, and retention.
Stephen Bruce, Managing Director of PeopleFluent, said: “In today’s complex world of work, it’s more important than ever for organisations to focus on developing, reskilling, and deploying existing talent to meet the changing needs of the business. To do that requires a strong focus and alignment on business goals, performance measures and, at the same time, tracking employee engagement as a vital component of the HR function and in concert with the modern talent journey. Reflektive’s solutions enhance performance management in a variety of exciting ways – fostering a sense of employee accountability, encouraging meaningful 1:1 conversations, measuring employee sentiment, and tracking activities in alignment with company goals. We are extremely excited to welcome these solutions into PeopleFluent’s existing offering and the value these enhanced solutions will bring to existing and new customers.”