Service: IT Due Diligence
Industry: Education Provider
Participants: Synova, Learnlight
Intechnica provided IT Due Diligence to Synova ahead of their recent investment in Learnlight.
Founded in 2007, Learnlight has the mission to improve people’s communication by providing language, intercultural and skills training. In recent years, there has been a structural shift in the delivery of language and skills training from face-to-face to virtual. Learnlight has capitalised on these trends and has scaled rapidly, growing its virtual training service by +40% p.a. It is now one of the largest digital-first platforms, delivering a service to over 1,200 customers across more than 40 countries.
Synova and Beech Tree’s investment will support the next phase of Learnlight’s ambitious strategy, including its continued organic growth, international expansion through targeted acquisitions, and development of Learnlight’s bespoke content and technology offerings.
Thanks to Gyles Foster, Lewis Taylor, Mark Hastry, Amy Dewar and Callum Binner for their hard work on this project.
We are thrilled to have closed this investment from Synova, who we see as the ideal partner for the next leg of our journey. This will allow us to accelerate our plans for further innovation and expansion of our services and to continue to deliver the best experience for our clients and learners.
Synova’s deep knowledge of commercial growth strategy and international markets will help drive the expansion of our global footprint. We are also delighted to see Beech Tree invest again, which is a testament to the great relationship built over the last five years and the huge opportunity we all see ahead.Ben Joseph, Co-founder and CEO of Learnlight.
Learnlight’s industry-leading and digital-first proposition offers a multitude of expansion opportunities in a very large and fragmented global market. It’s tremendously exciting to be partnering with Ben, Rupert and the rest of the Learnlight team to help them deliver their growth ambitions. We’re delighted to be joining them alongside Beech Tree on this next phase of the Company’s evolution.Tim Ashlin, Partner at Synova.