Press Release

Thoma Bravo’s Instructure Agrees to Sell Employee Development Platform Bridge to Learning Technologies Group

March 3, 2021

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.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,100+ lawyers across 16 offices in the United States, Asia and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.