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Ontuitive acquired by the Stage Fund

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Denver based private equity turnaround and growth firm, Stage Fund, is pleased to
announce the acquisition of Ontuitive. Ontuitive is a leading provider of real-time
performance learning with offices in the United States, United Kingdom and
Netherlands. Both Stage Fund and Ontuitive are excited about this opportunity for
collaboration and partnership. “This acquisition means that Ontuitive gains expertise,
capacity, and energy that will translate into value for our customers, both current and
prospective” stated Keith Lynip.

Since Stage Fund was brought in, there have been many positive changes made to
Ontuitive’s leadership. John Hall has been elevated to the Board of Directors. John,
along with Daniel Frydenlund, CEO of Stage Fund, will provide insight on company
strategy. When discussing the acquisition, Daniel stated “I’m very excited about the
opportunity for Stage Fund to help Ontuitive grow. Ontuitive has key customers in
the airline industry, food services and financial consulting industry, just to name a few.
With our support, we’ll expand with those customers”.

Keith Lynip is stepping into the position of President. Keith has 21 years in the
education sector, including higher education and corporate learning. Furthermore,
Keith’s tenure with Ontuitive, most recently as Vice President of Professional Services,
allows the transition to move forward quickly and seamlessly. Keith stated, “We’re
excited by this new partnership. We think Ontuitive’s and Stage Fund’s goals and
values align well. We’re eager to move forward together.” Excited to take on the role
of President, Keith also stated that “Attention to value for the customer, which has
been our hallmark, will continue.”

About Stage Fund
Stage Fund, founded in 2009 by Daniel Frydenlund, is a turnaround and growth
private equity firm focused on acquiring controlling interests in companies undergoing
change in capital structure, strategy, operations or growth, can benefit from our
operational and capital approach and that have reached a point in their lifecycle
presenting an opportunity for transformation. Stage Fund is headquartered in Denver
with offices in L.A., San Francisco, and N.Y.C. http://www.thestagefund.com

About Ontuitive
Ontuitive, a technology-enabled learning services company, develops and
delivers performance learning solutions that support business processes, IT
applications and systems, workplace learning, and organizational knowledge. It offers
solutions ranging from customized performance support to off-the-shelf content,
business process guidance, contextual application support, and agile lean learning.
The company also provides strategic consulting, design and development,
implementation, enablement, training, and desk support services.

Original author: Jenna Smith
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Guest Tuesday, 21 November 2017

 


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