Announced
Completed
Financials
Sources
Tags
online workplace
Friendly
Domestic
Majority
Single Bidder
United States
Private Equity
Management Consulting
Completed
Acquisition
training solutions
Private
Synopsis
Providence Strategic Growth, which targets investments in lower middle market technology-enabled service companies, completed the acquisition of a majority stake in Traliant, a provider of online workplace compliance training solutions. Financial terms were not disclosed. “Traliant has grown exponentially, driven by the quality and scalability of its content production process and its top-notch founding team of industry veterans who have transformed the compliance training experience. There are extensive untapped opportunities to address in the global market for online workplace compliance training tools and we’re thrilled to support Traliant’s continued growth,” Tom Reardon, PSG Managing Director.
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