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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