Skillsoft, a leading e-learning firm, has agreed to be purchased by European private equity firm Charterhouse Capital Partners.
According to a Reuters report, the price is about $2.3 billion.
CEO Chuck Moran said Skillsoft had experienced great success during its four-year run with Berkshire Partners, Advent International and Bain Capital, and appreciated the support and guidance they have provided.
Skillsoft will continue to be headquartered in Dublin, Ireland and led by the current management team, including CEO Moran. Deutsche Bank Securities Inc. acted as exclusive financial advisor to Skillsoft. Charterhouse is one of the oldest private equity funds in Europe, and has completed 137 transactions with an aggregate value of EUR $50 billion.
Skillsoft provides e-learning solutions for more than 6,000 customers globally.