Sanoma Acquires itslearning from EQT Expansion Capital II

December 5, 2019

Sanoma has acquired itslearning AS, a Bergen-based provider of a cloud-based Learning Management System (LMS), from EQT Expansion Capital II. The acquisition strengthens Sanoma's digital learning capabilities and provides itslearning with a strategic owner to support further growth across Europe and internationally. The transaction closed on 5 December 2019; financial terms were not disclosed.

Buyers
Sanoma
Targets
itslearning AS
Sellers
EQT Expansion Capital II
Industry
Education
Location
Vestland, Norway
Transaction Type
Buyout

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