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M&A Deal Summary

PETE Acquires PlutoLMS

On February 5, 2025, PETE acquired education company PlutoLMS

Acquisition Highlights
  • This is PETE’s 1st transaction in the Education sector.
  • This is PETE’s 1st transaction in South Africa.

M&A Deal Summary
Date 2025-02-05
Target PlutoLMS
Sector Education
Buyer(s) PETE
Deal Type Add-on Acquisition

Target

PlutoLMS

Cape Town, South Africa
PlutoLMS is a learning management system designed to provide exceptional user experiences and scalable training solutions for businesses worldwide. PlutoLMS was founded in 2016 and is based in Cape Town, South Africa.

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Buyer(S) 1

Buyer

PETE

Orlando, Florida, United States
Category Company
Founded 2023
Sector Education
DESCRIPTION

PETE provides a suite of cost-effective and customizable solutions that enable organizations to deliver personalized workforce learning at scale. PETE specializes in enabling the development of AI-powered courses tailored for diverse training needs, spanning from onboarding to regulatory compliance, product knowledge, technical skill, and more. PETE was founded in 2023 and is based in Orlando, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Africa) 1 of 1
Year (2025) 1 of 1
Mergr

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