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Acquired Unit | Acquired



About GetBridge

Bridge is learning, performance, and skills development platform for mid-enterprise organizations, headquartered in the US with operations in the UK and Hungary. Bridge provides a learning management system in addition to performance, engagement, and skills development products, on a single, easy-to-use, SaaS-based platform. On February 15th, 2021, GetBridge was acquired by Learning Technologies Group for 50M.

Headquarters Location

6330 South 3000 East, Suite 700

Salt Lake City, Utah, 84121,

United States



Latest GetBridge News

Acquisition of Bridge for $50m – Company Announcement -

Feb 17, 2021

Learning Technologies Group plc, the provider of services and technologies for digital learning and talent management, has agreed to acquire getBridge LLC and related assets ("Bridge"), a leading learning and talent development software provider, from Instructure Inc for a cash consideration of $50.0 million (c.£36.1 million). Bridge is a learning, performance and skills development platform for mid-enterprise organisations, headquartered in the US with operations in the UK and Hungary. Bridge provides a learning management system in addition to performance, engagement and skills development products, on a single, easy-to-use, SaaS-based platform. The acquisition of Bridge significantly extends LTG's mid-enterprise learning and talent offering. Bridge is highly complementary to PeopleFluent, which serves the large enterprise market, and BreezyHR, which serves the small and medium-sized business market. The acquisition is strategically important because it enables LTG to provide a holistic learning and talent development offering to meet the needs of small, mid-size and large enterprises, three distinct groups with varying requirements. The combination and integration of Bridge with LTG's other portfolio offerings, including the recently acquired Reflektive engagement and analytics platform, will create opportunities for cross-sell and upsell-led growth within the Group. Bridge achieved unaudited revenue of c.$21.0 million in FY20, of which more than 90% was derived from recurring annual and multi-year contracts. It generated an EBITDA loss of c.$1.3 million in the same period. With the operational synergies that will be created with the rest of the Group, LTG expects Bridge to become earnings accretive from H2 2021 and to align with its typical software division margins by early 2022. Bridge has more than 800 customers which combined with LTG's global customer base represents a compelling cross-selling opportunity. The acquisition, which is expected to complete on 26 February 2021, is to be funded from LTG's existing cash resources. Consideration of $50.0 million (c.£36.1 million) at completion will be subject to customary price adjustments. Bridge represents LTG's seventh acquisition since the £81.8m placing in May 2020, bringing the total consideration spent to c.£80.0 million (excluding performance-related earn outs) in that time. In line with LTG's strategic target to deliver run rate revenue of c.£230 million and Adjusted EBIT of c.£66.0 million by the end of 2022, the Board will continue to pursue high quality acquisition targets financed through its own cash resources and modest levels of debt. "I am delighted to welcome Bridge to LTG. Bridge adds real strength and depth to our learning and talent offering for the mid-enterprise market, which has attractive structural dynamics. Since the onset of the global pandemic, we have continued to execute on our growth strategy, adapted to new environments and pursued a pipeline of acquisition targets that create long-term value for our stakeholders. With Bridge, we are building on our market-leading position in the strategically important area of digital talent development."     Learning Technologies Group plc (LTG) is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability. LTG is listed on the London Stock Exchange's Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy .

GetBridge Frequently Asked Questions (FAQ)

  • Where is GetBridge's headquarters?

    GetBridge's headquarters is located at 6330 South 3000 East, Suite 700, Salt Lake City.

  • What is GetBridge's latest funding round?

    GetBridge's latest funding round is Acquired Unit.

  • Who are the investors of GetBridge?

    Investors of GetBridge include Learning Technologies Group.



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