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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