Eduhouse acquires the Danish company GoLearn
12 January 2023
Eduhouse, a Nordic Learning-as-a-Service company, acquires 100 percent of the Danish provider of e-learning services, GoLearn. With the expansion to the Danish market for e-learning services, Eduhouse initiates its journey towards the wider European market. The acquisition is supported by the equity investor Verdane. Plesner acted as legal counsel to Verdane and Eduhouse.
Eduhouse was established in 2002 and is the largest provider of e-learning services in the Nordic countries. The company provides a subscription based streaming service for various organisations. Every year, approximately 100,000 professionals use Eduhouse's learning streaming services. The company employs 120 people in Finland, Sweden and Norway and the company's turnover was EUR 14 million in 2022. Eduhouse's growth is supported by Verdane which invested in the company in 2021. Verdane is a specialist growth equity investor specialising in tech-enabled businesses.
GoLearn is a content-based corporate E-learning platform, offering a wide range of online corporate courses targeted at Danish businesses. The training courses focuses on training in IT-security, Microsoft Office, sales and leadership skills. One of the company's specialties are that it uses actors in its courses to exemplify human interactions in their courses where appropriate. GoLearn has produced +2,400 E-learning videos and helped +1,000 Danish companies to give their 155,000 employees a boost in skills. GoLearn employs 30 people in Denmark and the company's turnover was EUR 3 million in 2022.
Following the transaction, Eduhouse's annual turnover will exceed EUR 17 million. Eduhouse's goal is to provide its services to 1 million users by 2025 and reach EUR 50 million turnover by 2025.
Plesner's core transaction team consisted of Brian Bundgaard, Alexandra Jakobsen and Emilie Appelrod.
Read the press release from Verdane.
GoLearn is a content-based corporate E-learning platform, offering a wide range of online corporate courses targeted at Danish businesses. The training courses focuses on training in IT-security, Microsoft Office, sales and leadership skills. One of the company's specialties are that it uses actors in its courses to exemplify human interactions in their courses where appropriate. GoLearn has produced +2,400 E-learning videos and helped +1,000 Danish companies to give their 155,000 employees a boost in skills. GoLearn employs 30 people in Denmark and the company's turnover was EUR 3 million in 2022.
Following the transaction, Eduhouse's annual turnover will exceed EUR 17 million. Eduhouse's goal is to provide its services to 1 million users by 2025 and reach EUR 50 million turnover by 2025.
Plesner's core transaction team consisted of Brian Bundgaard, Alexandra Jakobsen and Emilie Appelrod.
Read the press release from Verdane.
