LTG Expands Mid-Enterprise Learning and Talent Software Offering With Acquisition of Bridge
The acquisition of Bridge will expand Learning Technologies Group’s capabilities in the mid-enterprise market.
Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, has agreed to acquire Bridge from Instructure Inc.
Bridge is a learning, performance and skills development platform for mid-enterprise organisations. Specialising in employee-centric experiences, the offering includes a learning management system in addition to performance, engagement and skills development products – delivered to clients in a single, easy-to-use, SaaS-based platform.
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The acquisition significantly extends LTG’s learning and talent offering in the important mid-enterprise market. Bridge is highly complementary to PeopleFluent, which serves the large enterprise market, and Breezy HR, which serves the small and medium-sized business market. This latest addition enables LTG to provide a holistic learning and talent development offering to meet the needs of small, mid-size and large enterprises, three distinct groups with varying needs.
The combination and integration of Bridge with LTG’s other portfolio offerings will create opportunities for cross-sell and upsell-led growth. Bridge contributes a further 800 customers to the Group.
Jonathan Satchell, Chief Executive of LTG, said: “I am delighted to welcome Bridge to LTG. Bridge adds real strength and depth to our learning and talent offering for the mid-enterprise market, which has attractive structural dynamics. The acquisition extends LTG’s current market coverage, enabling us to meet the needs of customers of all sizes and complexities.”
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