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Skillsoft went public via a merger with Churchill Capital II in a $1.5bn deal.

Synopsis

Skillsoft, a company that delivers online learning, training, and talent solutions, went public via a merger with Churchill Capital II, a special purpose acquisition company, in a $1.5bn deal. The transaction includes the subsequent completion of the acquisition of Global Knowledge, a technology skills training provider. "This transaction is an excellent fit with Churchill II’s mission and focus, as both Skillsoft and Global Knowledge are dedicated to training and reskilling workers for jobs of the future while providing exceptional shareholder returns in a high-growth market with favorable demographic trends. The combination will create the leading digital learning platform in the industry, and the new Skillsoft will be on track to become one of the fastest growing companies in the digital learning space," Michael S. Klein, Churchill II Chairman and CEO.

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