- Acquisitions of Rehearsal and Origin Learning Grows “One-Stop” Provider for Learning and Development to more than 500 Employees Globally
RLG Capital & Trinity Investors announced an additional $54 million investment in learning solutions company eLearning Brothers (eLB), enabling its simultaneous acquisition of industry leaders Rehearsal and Origin Learning. This injection of funds provided eLB with the capital needed to acquire these sector leaders and to recapitalize its debt. As part of the restructuring, Prudential’s PGIM Private Capital has replaced all previous debt providers and is now the sole debtholder for eLB, which better positioning the Company for future acquisitions. These acquisitions extend eLearning Brothers’ leadership in offering the most comprehensive learning and development products and services available.
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“This new investment is evidence of our continuing confidence in eLearning Brothers’ vision to create a one-stop integrated online platform for the corporate learning industry”
Rapidly integrating into the eLearning Brothers platform, 1) Rehearsal and 2) Origin Learning join the expanding universe of eLB’s offerings, which also includes: 3) The Game Agency, transforming learning outcomes through game-based solutions; 4) Lectora, an industry-leading rapid authoring tool; 5) CenarioVR, a cutting-edge virtual reality course builder; and 6) Rockstar Learning Platform, a nimble learning experience system (LXP, a next-generation LMS). A further investment breakdown available by special request.
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“This new investment is evidence of our continuing confidence in eLearning Brothers’ vision to create a one-stop integrated online platform for the corporate learning industry,” says Greg Robinson, Co-founder and Managing Partner of RLG Capital. “With our 5 acquisitions over the past 20 months, and with the growth of remote workers since the pandemic, the Company has leapfrogged the competition.”
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