Partnerships and Alliances (July 2021)

The latest training industry mergers, acquisitions, partnerships, and more.

  • AdvantexeLearning Solutions, a global leader in digital simulation-centric training solutions, and Level Five Selling, designer of the Level Five Coaching System, launched an asynchronous digital sales coaching simulation. In the 45- to 60-minute simulation, participants step into the role of sales leader of a team of six sales professionals with varying levels of expertise and experience. The simulation has built-in micro-lessons and downloadable job aids on the Level Five Coaching model and the A.S.P.I.R.E. coaching approach.
  • SocialChorus and Dynamic Signal, two software-as-a-service (SaaS) leaders in the digital employee experience (DEX) space, entered into a definitive merger agreement. Sumeru Equity Partners (SEP) will make a significant new growth investment in SocialChorus and subsequently fund the combination with Dynamic Signal. The partnership aims to transform how companies connect every worker with the right information at the right time. This combination will accelerate the move away from destination site delivery models to an orchestrated digital employee experience that fosters employee productivity and well-being.
  • Learnosity, a leading provider of assessment infrastructure for the learning industry, acquiredQuestionmark, an end-to-end assessments, proctoring, badging, and reporting solutions provider. Questionmark will operate as a division within the Learnosity Group, retaining its current offices, solutions, and brand.
  • ROI Institute partnered with The Conference Board to create the new ROI Repository For Human Capital Investments. This platform will act as a repository for tools, templates, assessments, calculators, and case studies to help HR leaders and practitioners align human capital investments to the business.
  • Skillsoft Corp., a global leader in corporate digital learning, acquired Pluma, Inc., a leading digital professional development and executive-quality coaching platform. The acquisition deepens Skillsoft’s leadership development portfolio, adds a new modality to its blended learning model, and marks the company’s entry into individualized coaching. Pluma will be integrated into Skillsoft’s artificial intelligence-driven, immersive Percipio platform, and the company’s existing customers will gain access to Pluma’s coaches and their expertise delivered via in-app messaging and video sessions.
Lorri Freifeld is the editor/publisher of Training magazine. She writes on a number of topics, including talent management, training technology, and leadership development. She spearheads two awards programs: the Training APEX Awards and Emerging Training Leaders. A writer/editor for the last 30 years, she has held editing positions at a variety of publications and holds a Master’s degree in journalism from New York University.