M&A Deal Summary

Pluribus Technologies Acquires Tortal Training

On May 16, 2022, Pluribus Technologies acquired education company Tortal Training for 2M USD

Acquisition Highlights
  • This is Pluribus Technologies’ 3rd transaction in the Education sector.
  • This is Pluribus Technologies’ 2nd largest (disclosed) transaction.
  • This is Pluribus Technologies’ 4th transaction in the United States.
  • This is Pluribus Technologies’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-05-16
Target Tortal Training
Sector Education
Buyer(s) Pluribus Technologies
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Tortal Training

Woburn, Massachusetts, United States
Tortal Training is a full-service eLearning provider specializing in developing interactive eLearning solutions. Tortal Training makes effective training for organizations with distributed workforces easier, by enhancing learning outcomes using strategic methodologies for engagement. Tortal Training is based in Woburn, Massachusetts.

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Buyer(S) 1

Buyer

Pluribus Technologies

Toronto, Ontario, Canada
Category Company
Founded 2017
Sector Software
DESCRIPTION

Pluribus Technologies is an acquirer of small B2B software companies. The Company looks to buy companies from owners and investors that are seeking a succession plan. Pluribus Technologies was founded in 2017 and and is based in Toronto, Ontario.

DEAL STATS #
Overall 11 of 11
Sector (Education) 3 of 3
Type (Add-on Acquisition) 11 of 11
State (Massachusetts) 1 of 1
Country (United States) 4 of 4
Year (2022) 3 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 Social5

Draper, Utah, United States

Social5 is profitable technology company that utilizes leading-edge software and content to enable small-to-medium-sized businesses ("SMB's") to effectively manage their social media footprint. Social5 was founded in 2012 and is based in Draper, Utah.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-11 POWR

San Francisco, California, United States

POWR provides a suite of 60+ affordable, easy-to-use, and customizable apps to facilitate lead collection and on-page conversion rate optimization. POWR was founded in 2014 and is based in San Francisco, California.

Sell -
Mergr

Product

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