Luis Molowny
Norgestion
AVANZO LEARNING PROGRESS SA
Deal Type
Acquisition
Sector
Business Services
Completion Date
25th March 2022
Deal Value
Not disclosed
Company Background
Business services company specialized in e-learning content development, being one of the leading B2B e-learning players in Spain.
Revenues breakdown: 17% software platform, 38% original content (c.600 internally produced active courses), 17% third-party providers content and 26% services.
Deal Summary
Acquisition of 100% of the share capital. Prior to the transaction, Randstad was Avanzo's largest client, acting as a reseller. Avanzo services will be integrated in Randstad Spain e-learning business line.
AVANZO LEARNING PROGRESS SA deal contacts
Key members of the Norgestion deal team crucial in the AVANZO LEARNING PROGRESS SA transaction
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