M&A Deal Summary

Vector Solutions Acquires LearnSmart Systems

On December 8, 2016, Vector Solutions acquired education company LearnSmart Systems

Acquisition Highlights
  • This is Vector Solutions’ 1st transaction in the Education sector.
  • This is Vector Solutions’ 2nd transaction in the United States.
  • This is Vector Solutions’ 1st transaction in Washington.

M&A Deal Summary
Date 2016-12-08
Target LearnSmart Systems
Sector Education
Buyer(s) Vector Solutions
Deal Type Add-on Acquisition

Target

LearnSmart Systems

Seattle, Washington, United States
LearnSmart Systems is a provider of quality professional skills, project management and IT and security training.

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Buyer(S) 1

Buyer

Vector Solutions

Tampa, Florida, United States
Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Vector Solutions is a provider of SaaS-based compliance and safety-focused eLearning and performance optimization solutions serving three end-markets: Public Sector, Education, and Commercial. Vector’s solutions are underpinned by the company’s library of proprietary content (over 7,500 courses with over 30,000 associated accreditations) which is delivered through a SaaS-based software platform to address customers’ mission critical compliance, safety, and regulatory needs. Vector Solutions was founded in 1999 and is based in Tampa, Florida.

DEAL STATS #
Overall 2 of 7
Sector (Education) 1 of 3
Type (Add-on Acquisition) 2 of 6
State (Washington) 1 of 2
Country (United States) 2 of 6
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-09 Critical Information Network

Carrollton, Texas, United States

Critical Information Network LLC is a subscription-based provider of online continuing education and professional development training to the industrial operations, public safety and healthcare industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-24 Convergence Training

Camas, Washington, United States

Convergence Training is a provider of training content and software solutions for industrial operations, manufacturing, and mining, specializing in 3D and animation. Convergence Training was established in 2002 and is based in Camas, Washington.

Buy -
Mergr

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