Learning Technologies’ acquisition of PeopleFluent
London-based Learning Technologies Group (LTG) is acquiring PeopleFluent from investment managers Bedford Funding I LP and Bedford HCM Holdings GP LLC in an all-cash deal for $150 million. The deal was financed in part through a new share placement of 85 million pounds (approximately $120 million). Tyton Partners sourced and identified PeopleFluent on behalf of LTG.
PeopleFluent is a leading provider of cloud based integrated recruiting, talent management, and compensation management solutions for large enterprise employers. The company has worked with over 5,100 organizations in over 200 countries and territories to engage employees to drive better business results. Over 50 percent of current members of the Fortune 100 rely on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.
Read the press release here.