Learning Pool buyout deal clicks into place
Londonderry technology company Learning Pool has acquired an English firm for an undisclosed sum.
The deal to buy Mind Click, which is based in Nottingham, will help e-learning specialist Learning Pool expand its product and client range.
The business already has approximately 350 companies on its books.
Mind Click provides corporate learning systems for areas including compliance training, product knowledge and customer service.
Its clients include pharmaceutical giant AstraZeneca, Google, Travelodge and paint company Farrow & Ball.
Paul McElvaney, chief executive of Learning Pool, said: "I'm delighted to welcome Mind Click to the Learning Pool family.
"The company's organic growth has been remarkable and driven by genuine innovation and customer focus.
"These are attributes that we share at Learning Pool and I'm confident that this acquisition will be a springboard to deliver more innovative training solutions to our clients."
Mind Click managing director Sean Reddington is joining the management team of Learning Pool, which employs around 80 people in Londonderry.
This year it received a major funding injection from the Carlyle Cardinal Fund.
Mr Reddington said: "We're excited to join Learning Pool, which has enjoyed sustained growth and has led the way in rolling out Totara LMS and off-the-shelf content to its 1.25 million learners across 350 firms and government bodies.
"The combination of our two organisations will provide a compelling end-to-end learning solution for customers in a market that is growing globally".
Learning Pool was set up in 2006 by Paul McElvaney.