Learning Technologies Group plc (LTG), the provider of services and technologies for digital learning and talent management, has agreed to acquire Reflektive Inc (Reflektive), a leading performance management software provider, for a cash consideration of $14.2 million.
Reflektive is headquartered in San Francisco and specialises in engagement and analytics tools. Reflektive offers a collaborative goal-setting, continuous feedback and analytics platform which is used by organisations ranging from SMEs to large corporate entities, providing them with measurable results for boosting productivity, engagement, and retention. Reflektive’s platform will be integrated with LTG’s existing talent management portfolio, providing opportunities for upsell-led growth.
“We were once again very impressed with the team at Crowe and their ability to support our growth aspirations globally. Mitesh and his team were able to deliver to a tight deadline and provide proactive and commercial advice, which enabled us to execute the transaction successfully.”
Jonathan Satchell, CEO, Learning Technologies Group plc