Acquisition of Bridge will Expand LTG’s Capabilities to Medium-Enterprise Market

The acquisition of ‘Bridge’ will expand LTG’s competencies in the medium-enterprise market.

Learning Technologies Group plc (LTG), a market leader in the fast-growing digital learning and talent management market, has agreed to acquire Bridge from Instructure Inc.

Bridge is a Learning Management System (LMS) that helps employees and managers transform their organizations. It specializes in employee-centric experiences, the offerings include performance, engagement, and skill development products – delivered to clients in a single, easy-to-use, and SaaS-based platform.

The acquisition significantly extends LTG’s learning and talent offering in the important medium enterprise market. Bridge is highly complementary to PeopleFluent, a talent management and learning solution that helps you guide an organization’s culture, people, and outcomes. Breezy HR serves the small and medium-sized businesses, it is an end-to-end recruiting software to help attract & hire great employees with fewer efforts.

This latest addition enables LTG to provide a comprehensive learning and talent development offering to meet the needs of small, mid-sized, and large enterprises – three distinct groups with varying requirements.

The combination and integration of Bridge with Learning Technologies Group’s other portfolio offerings will bring in new opportunities for cross-selling and upsell-led growth. Bridge contributes a further 800-clienteles to the group. 

Jonathan Satchell, Chief Executive of LTG, said: “I am delighted to welcome Bridge to LTG. Bridge adds real strength and depth to our learning and talent offering for the mid-enterprise market, which has attractive structural dynamics. The acquisition extends LTG’s current market coverage, enabling us to meet the needs of customers of all sizes and complexities.”

The acquisition, which is anticipated to complete on 26th February 2021, is funded by Learning Technologies Group plc existing cash resources.