UK software firm acquires Galway e-learning company for €29.6m
Summary
Galway’s EssentialSkillz will join Marlowe in a bid to strengthen the UK company’s risk and compliance software offering. Marlowe proposed a share placing to raise £50m to fund the deal, as well as for additional acquisitions. The existing staff and senior management team will also remain unchanged, it will be business as usual,” the company added. The WorkWize risk and compliance training platform developed by the Galway company will bolster Marlowe’s similar offering, according to the latter’s CEO Alex Dacre. As well as its risk and compliance service, it also provides online training courses on topics from health and safety to business protection.
Classifications
industries
No industries detected
applications
EduTech - learning
AskAI Classifications
Labels
No AI classifications detected
