AVANZO LEARNING PROGRESS SA

Completed Date

2022-03-25

Sector

Business Services

Deal Type

Acquisition

Value

Not disclosed

Company bio

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.

Deal Contacts

Luis Molowny

Luis Molowny's avatar

NORGESTION is the exclusive Spanish partner of Mergers Alliance

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