Serent Capital-backed FranConnect completed the acquisition of World Manager.

Serent Capital-backed FranConnect, a povider of franchise management solutions, completed the acquisition of World Manager, a provider of learning management and front-line employee engagement solutions. Financial terms were not disclosed. "We are thrilled to welcome the World Manager's world-class family of brands and employees to the FranConnect community. World Manager's learning management and engagement platform adds a highly strategic capability to FranConnect's operations solutions, extending our reach from managing the relationship between the brand and franchisee to supporting the needs of multi-location ownership groups and their employees. We can now provide end-to-end visibility of drivers of growth and performance across all types of multi-locations businesses," Gabby Wong, FranConnect CEO.