Deal Snapshot
ABSORB SOFTWARE ACQUIRES ELOGIC LEARNING
Tuesday 13 August 2019

Canada-based learning technology company Absorb Software has acquired Florida, US-based learning management system (LSM) provider eLogic Learning to strengthen position in expanding LMS market, the company said.
The eLogic Learning acquisition closely follows the May 2019 Absorb acquisition of Torch LMS, a Utah-based SaaS LMS provider. Absorb now serves over 1,000 active customers with 225 employees across eight offices.


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Details
Date Published: 13/08/2019
Target: eLogic Learning
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Absorb Software
Buyer Advisor: Choate Hall and Stewart
Comment:
Terms of the deal were not disclosed

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