M&A Deal Summary

Lumesse Acquires Edvantage Group

On October 31, 2011, Lumesse acquired education company Edvantage Group

Acquisition Highlights
  • This is Lumesse’s 1st transaction in the Education sector.
  • This is Lumesse’s 1st transaction in Norway.

M&A Deal Summary

Date 2011-10-31
Target Edvantage Group
Sector Education
Buyer(s) Lumesse
Deal Type Add-on Acquisition

Target

Edvantage Group

Oslo, Norway
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.

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Buyer(S) 1

Buyer

Lumesse

Bedfordshire, United Kingdom

Category Company
Founded 1999
Sector Internet Software and Services
Employees600
DESCRIPTION

Lumesse Ltd. is a provider of strategic HR software (e-recruiting and talent management) to 1,700 medium and large enterprises in Europe, the US and Asia-Pacific, operating in 17 countries. Lumesse Ltd. was founded in 1999 and is based in Bedfordshire, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Norway M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-24 MrTed

London, United Kingdom

MrTed Ltd. provides software services for recruitment applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Lumesse - EasyCruit

Surrey, United Kingdom

Lumesse - EasyCruit is a provider of software solutions for recruitment. Company have over 600 EasyCruit customers and have local expertise to understand business environment. EasyCruit is available in 40 languages.

Sell -