LOS ANGELES - May 28, 2020 - Kupfer & Associates is pleased to announce they represented Edulence in the sale of their company to eLearning Brothers, who also purchased Trivantis in the deal.
In this acquisition, which was designed to position eLearning Brothers as an even more outstanding industry leader while also creating a profitable exit plan for Edulence founders, Kupfer & Associates represented Edulence, an organization that brought Knowledgelink, an exceptional learning management system (LMS), to the table.
Eduluence CEO Jon Tota stated, "Increased demand for an all-in-one online learning solution has created a unique opportunity in the marketplace and Knowledgelink is excited to be part of this new team. By bringing these companies together, eLearning Brothers is creating a more unified, customer-friendly course creation and delivery solution for companies of all sizes."
With their new combination of industry-leading systems and technologies, eLearning Brothers plans to continue working with learning professionals across the globe. They believe this acquisition will position them to provide better services to more clients.
Corey Kupfer, founder of Kupfer & Associates, shared, "We were thrilled to successfully close this deal for our long term client, especially in these challenging times."
In response to the role that Kupfer & Associates played in the acquisition, Jon Tota, Edulence CEO, stated, "Corey and his team at Kupfer & Associates have been phenomenal partners not only in negotiating and closing a complex exit deal, but in our growth over the 17 years leading up to our acquisition. Corey's strategic advice helped us clean up our capital structure, buy-out early investors and partners, revise the governance structure and enter into key deals and contracts along the way that set us up powerfully for a successful exit transaction."
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Dawn Hertzel