WestBridge-backed e2train buys Intraventure

WestBridge invested £1.2m to back the management buyout of e-learning business e2train in 2009. Royal Bank of Scotland, which financed the original buyout, provided additional debt facilities to support the acquisition of Intraventure.

Established in 2001, Intraventure is a provider of talent management systems, which help large enterprises manage the performance and development of their employees.

The bolt-on will allow e2train to broaden its offering and provide an integrated learning, performance and talent management suite to its customers.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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