M&A Deal Summary

Edvantage Group Acquires Futuremedia - e-learning division

On September 24, 2008, Edvantage Group acquired information technology company Futuremedia - e-learning division from Futuremedia

Acquisition Highlights
  • This is Edvantage Group’s 1st transaction in the Information Technology sector.
  • This is Edvantage Group’s 1st transaction in the United States.

M&A Deal Summary

Date 2008-09-24
Target Futuremedia - e-learning division
Sector Information Technology
Buyer(s) Edvantage Group
Sellers(s) Futuremedia
Deal Type Divestiture

Target

Futuremedia - e-learning division

United States
Futuremedia - e-learning division is a provider of IT services.

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Buyer(S) 1

Buyer

Edvantage Group

Oslo, Norway

Category Company
Sector Education
DESCRIPTION

Edvantage Group was established in 1999 and subsequently acquired the e-learning operations of Skillsoft in Sweden and Benelux, e-learning business Boxer (Norway) and Kognita (UK). The Group provides its customers with access to training material from a number of suppliers. Edvantage Group operates in Norway, Sweden, Denmark, UK and the Benelux countries.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 1

SELLER

Futuremedia

Brighton, United Kingdom

Category Company
Founded 1982
Sector Media
Employees89
Revenue 27M USD (2007)
DESCRIPTION

Futuremedia plc is a global media company providing exhibition and event services to public and private sector organizations.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-24 Aktivna Objects

Gateshead, United Kingdom

Aktivna Objects Ltd. is a provider of an Internet applications development, consulting and graphic design services.

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