September 9, 2020
Manchester, New York
Rupert Sadler, Adrian Reed, Rushi Bhanderi, Pat Hagerty, Matt Brophy, Oliver Schmickel
GCA advises Interactive Services on its sale to LRN Corporation
GCA has advised Interactive Services, the Dublin-based global compliance and online learning firm, on its sale to ethics and compliance education and technology company LRN Corporation. The combined organisation will help more companies build and implement effective compliance programs and foster values-based and ethical cultures and workforces at a time when those imperatives are more urgent than ever.
Interactive Services has been inspiring organisations to act with integrity for over 25 years, providing award-winning learning solutions to some of the biggest brands in the world. Alongside the fastest growing E&C content library solution in the marketplace, Interactive Services also offers creative custom online and person-to-person learning design, delivering over 300 unique projects to clients in 40+ countries, reaching 3+ million learners every year.
LRN’s mission is to inspire principled performance. Since 1994, LRN has helped over 25 million people at more than 700 companies worldwide simultaneously navigate complex legal and regulatory environments and make ethical decisions and has also helped hundreds of companies foster ethical, responsible and inclusive cultures. LRN’s combination of practical tools, education and strategic advice helps companies translate their values into concrete corporate practices and leadership behaviours that create sustainable competitive advantage.
Together, LRN and Interactive Services will be positioned to provide even greater ethics and compliance offerings across education, technology, advisory services and analytics to further enable companies to navigate the complex legal, compliance, regulatory and operating environments across the globe.
The combination of LRN with Interactive Services enriches LRN’s offerings by expanding its vast SaaS-based education and technology platform, which includes hundreds of courses and educational products and provides LRN with additional delivery and analytics capabilities to improve employee learning and ensure corporate compliance. The transaction further extends LRN’s presence outside of North America and broadens its custom content capabilities in ethics and compliance and many other corporate functions.
GCA acted as exclusive financial advisor to Interactive Services in connection with this transaction.