e2train Acquires Intraventure
e2train is a UK supplier of learning-and-performance-management systems and services. It recently announced a new version of its LMS that has powerful new features for managers, learners, and learning professionals, including a state-of-the-art identity-provider tool. Intraventure's web-based technology systems include 81Boxes, which is an SaaS-based succession-planning and talent-management application. Both organisations work for leading blue-chip organisations and governmental bodies.
e2train Managing Director and CEO Rob Caul says, "These are exciting times for e2train, and this acquisition significantly enhances e2train's position in the marketplace. Intraventure's suite of talent-and-succession-planning software complements e2train's learning and performance software perfectly and with the integrated solution will present a compelling offering to its existing and prospective customers."
In July last year, e2train celebrated ten years in business. In August, the company announced substantial year-on-year growth of 26% for its learning and performance software and services.
Intraventure Managing Director Kevin Crane is delighted to be joining e2train. He commented, "There is an excellent fit between our organisations. This guarantees the future development of the Intraventure suite of software, which will be great news for our current client base and will open up new opportunities for existing and new e2train customers."
Intraventure and e2train share a common vision to help organisations improve their effectiveness through better performance and development of their workforce. "Employee development and talent management are a critical challenge for any knowledge-based organisation. It makes sense to manage these processes through an end-to-end software platform", says Rob Caul. "The benefits of this integrated solution and the broader range of services will allow us to support customers on a whole new level."