
Aliter invests in Skill Pill
Aliter Capital has invested in digital learning platform Skill Pill.
The firm is currently raising from Aliter I, which closed on £92m in February 2017. The fund makes majority investments of up to £20m in UK small-cap and mid-market companies with enterprise values in the £10-50m range.
Skill Pill is the firm's third investment in digital learning, alongside its portfolio companies Sponge and Bolt. The company will be merged with the group.
Aliter acquired Bolt Learning in May 2019 and concurrently provided financing for the acquisition of IT consultancy Mercurytide. The firm acquired Sponge UK in November 2019, with its shareholders reinvesting in the newco that acquired both companies.
Company
Skill Pill is a digital learning specialist that produces video, animation, and gamified learning content. It has a focus on business performance support, leadership, management, sales and personal effectiveness training. It was founded in 2015 and is based in Harrow.
People
Aliter Capital – Billy Allan (Sponge chairman, managing partner).
Skill Pill - Gerry Griffin (founder, managing director).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater