Palo Alto – March 3, 2021 – Cooley advised Instructure, a Thoma Bravo-owned education technology company, on its agreement to sell Bridge, an employee learning, performance and skills development platform, to Learning Technologies Group. Lawyers Matt Hemington, David Silverman, Anna Maria Galinska, Caitlin Breitenbruck and Steve Tonsfeldt led the Cooley team advising Instructure.
Instructure’s sale of Bridge enables LTG to provide a holistic learning and talent development offering to meet the needs of small, mid-size and large enterprises. Bridge’s integration with LTG’s other portfolio offerings will create opportunities for cross-sell and upsell-led growth.
“Bridge adds real strength and depth to our learning and talent offering for the mid-enterprise market, which has attractive structural dynamics,” Jonathan Satchell, chief executive of LTG, said in a news release. “The acquisition extends LTG’s current market coverage, enabling us to meet the needs of customers of all sizes and complexities.”
Instructure helps people grow from the first day of school to the last day of work. More than 30 million people use its Canvas learning management platform.
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