In a recent announcement, Totara LMS team announced that its owners have entered into a sale and purchase agreement with London headquartered growth equity investor Tenzing. The operation & management of Totara will remain unchanged.
Totara LMS is an enterprise ready learning management system which provide a deeply personalised service with a tailored solution for each client. The Totara team serves an impressive user base of around 20 million individuals across 140 countries with over 100 people in offices in the UK, New Zealand and USA.
The company offers Totara’s Talent Experience Platform (TXP), which consists of a powerful and flexible learning management system (Totara Learn) that orchestrates, delivers, and tracks formal or compliance training, a user-friendly learning experience platform (Totara Engage) for informal or social learning, and a performance management system (Totara Perform) providing personalised plans for learning and development.
Mark Ash, CEO at Totara commented:
At Totara, our mission is to enable our customers to create high-performance workplaces by transforming how organisations understand, measure, and improve talent development. With Tenzing’s strategic investment, we’re poised to scale our impact on the global stage, offering highly customisable solutions that drive innovation and growth for our clients. Together, we’ll continue to shape the future of workplace learning and development, making it more personalised, effective, and accessible than ever before.
Carl Lavin, Investment Lead at Tenzing, added:
We are hugely excited to partner with Mark, the Totara team and Totara’s partners to help the business reach the summit of its potential. We believe that Totara’s unique, highly configurable product offering, global footprint and ambitious management team provide the basis for strong growth in the coming years
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