RLG Capital & Trinity Investors Recapitalize eLearning Brothers to Acquire Trivantis and Edulence (KnowledgeLink)
May 3, 2020
RLG Capital and Trinity Investors led a $38 million recapitalization of learning-technology company eLearning Brothers, with co-investors HCAP Partners and Eagle Marsh Holdings and senior debt provided by KeyBank. The financing enables eLearning Brothers to simultaneously acquire Trivantis and Edulence (KnowledgeLink), combining authoring tools (Lectora), VR builder (CenarioVR), an LMS (KnowledgeLink) and content/licensing into an integrated corporate learning platform.
- Buyers
- RLG Capital, Trinity Investors, HCAP Partners, Eagle Marsh Holdings
- Targets
- eLearning Brothers, Trivantis, Edulence (KnowledgeLink)
- Platforms
- eLearning Brothers
- Industry
- Education
- Location
- Utah, United States
- Transaction Type
- Recapitalization
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