Pluribus Technologies Acquires Tortal Training
May 17, 2022
Pluribus Technologies Corp. (TSXV: PLRB) acquired all outstanding shares of Knowledge Strategies Inc., doing business as Tortal Training, a Woburn, Massachusetts–based eLearning and LMS provider. The deal (announced under a May 16, 2022 share purchase agreement) was paid in cash and Pluribus common shares with an additional earn-out, and is intended to strengthen Pluribus' eLearning capabilities and create cross-selling opportunities across its portfolio under The Learning Network banner.
- Buyers
- Pluribus Technologies Corp.
- Targets
- Tortal Training (Knowledge Strategies Inc.)
- Sellers
- Current shareholders of Tortal (unnamed)
- Industry
- Education
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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