M&A Deal Summary

ELB Learning Acquires CoreAxis

On May 2, 2022, ELB Learning acquired business services company CoreAxis

Acquisition Highlights
  • This is ELB Learning’s 1st transaction in the Business Services sector.
  • This is ELB Learning’s 9th transaction in the United States.
  • This is ELB Learning’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-05-02
Target CoreAxis
Sector Business Services
Buyer(s) ELB Learning
Deal Type Add-on Acquisition

Target

CoreAxis

Southborough, Massachusetts, United States
CoreAxis provides corporate training services and staff augmentation solutions, including custom blended learning and leadership development experiences; and scalable, mobile custom content development. CoreAxis is based in Southborough, Massachusetts.

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Buyer(S) 1

Buyer

ELB Learning

American Fork, Utah, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

ELB Learning provides a complete suite of integrated training development and delivery tools, including the leading authoring tool Lectora and virtual reality course builder CenarioVR. Learning developers can utilize these tools together with an extensive library of professionally designed eLearning templates, game modules, and courses. ELB Learning was founded in 2009 and is based in American Fork, Utah.


DEAL STATS #
Overall 9 of 9
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
State: Massachusetts M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-25 Origin Learning

Bee Cave, Texas, United States

Origin Learning offers innovative learning products and services to large and medium-sized enterprises globally. The company partners with L&D professionals to strategize unique learning solutions and accelerate learning to meet their business objectives. It brings the global delivery model with the right mix of onsite/offshore/hybrid customized for client needs. Origin Learning was formed in 2008 and is based in Bee Cave, Texas.

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