RLG Capital & Trinity Private Equity Group lead USD38m investment in eLearning Brothers
RLG Capital & Trinity Private Equity Group has made a USD38 million investment in learning solutions company eLearning Brothers, enabling its simultaneous acquisition of industry innovators Trivantis and Edulence.
Co-investors include HCAP Partners and Eagle Marsh Holdings with a senior debt facility provided by KeyBank N.A. This investment launches eLearning Brothers as a unique eLearning platform that combines high-quality courses and related content with Lectora, an industry-leading rapid authoring tool, CenarioVR, a cutting-edge virtual reality course builder, and KnowledgeLink, a nimble learning management system (LMS), creating a complete online ecosystem to better serve learning professionals.
“This investment combines the industry-leading courses and content of eLearning Brothers with best-in-class eLearning technology products Lectora, CenarioVR, and KnowledgeLink to create a complete online solution for the corporate learning industry,” says Greg Robinson, Founder and Managing Partner of RLG Capital.
“In the challenging era of COVID-19, this new eLearning platform comes just in time to serve a growing global demand for quality online programs that are customised and fully-integrated to meet professional development and continuous education needs,” adds Sanjay Chandra, Managing Partner at Trinity Private Equity Group.