LOS ANGELES, CALIFORNIA - StoneCalibre is pleased to announce that it has completed the acquisition of Trivantis, a leading provider of a variety of on-premise and cloud-based eLearning software solutions. For nearly 20 years, through its Lectora and CourseMill products, Trivantis has provided innovative solutions for eLearning course creation and management through superior product functionality, domain-expertise, low cost of ownership delivery options, and best-in-class customer service. Trivantis serves over 2,500 commercial and government customers worldwide in a variety of industries.
“Trivantis is a recognized leader in the eLearning software industry supported by its proven product offering and its talented employee base,” said Brian Wall, Founder and Chief Executive Officer of StoneCalibre. “We are excited to add Trivantis to the StoneCalibre portfolio and we look forward to driving future growth in the rapidly expanding global eLearning market.
“StoneCalibre was a great partner for us throughout this transaction process,” said Jim Kochman, Managing Director at Technology M&A Practice (Formerly Pagemill Partners), a Division of Duff & Phelps, who advised the seller on the transaction. “Their professionalism and ability to offer speed and certainty around the sale process were critical factors in deciding to move forward with them and through the closing of the transaction they delivered on what they said they would.”
The terms of the transaction were not disclosed.
Headquartered in Los Angeles, CA, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies. Founded by Brian Wall in 2012, StoneCalibre is focused on making investments in both special situations and quality long-term capital investment opportunities. For more information please visit our website at www.stonecalibre.com.