technology

LT Trust Launches Game Changing Participant Digital Experience

LT Trust, a leader in providing low-cost 401(k) solutions to small businesses, has announced the release of its cutting-edge participant website. This stunning new interface, combined with several unique features, provides all companies access to a world-class retirement plan website experience that is typically only available to large corporations.

LT Trust, a leading provider of low-cost 401(k) solutions to small businesses, announced the release of its cutting-edge participant website. This stunning new interface, combined with several unique features, provides all companies access to a world-class retirement plan website experience that is typically only available to large corporations.

Highlights include:

  • Interactive charting of daily balances against employee contributions and total contributions (employee + employer)
  • Retirement income projections in both dollars and as a percentage of goal
  • Simplified, goal-based enrollment experience through iJoin
  • Contribution history graphing by source over time
  • Contemporary dark blue theme

The new participant experience is also accessible through a mobile app available in the Apple app store and Google Play store. The mobile app includes all the features available through the website, plus push notifications, such as alerting participants when a new contribution is posted to their account.

Burke Johnson, Executive Vice President and Chief Operating Officer of LT Trust, stated, “We spent a lot of time gathering feedback from our participants. We then used those insights to create one of the most innovative digital 401(k) approaches available to emerging businesses.” Mr. Johnson went on to explain how the user interface was refined, “Participants were presented with different themes to select from, ensuring that our vision was in line with their preferences and consistently they praised the modern, clean interface and loved the vibrant colours.”

Willi Schatz, Vice President of Investments at Elliott Cove Capital Management in Seattle, WA, commented, “LT Trust’s commitment to technology and meeting the needs of advisors and participants is refreshing. This new website is a bold statement that the retirement plan industry should be looking to follow. It creates a much-needed and impressive experience often seen in the retail investing marketplace. Participants will especially love the unique daily balance history chart; I am not aware of any other recordkeepers offering something similar. “

The new participant website is the latest step forward in LT Trust’s goal of becoming the premier technology solution in the small plan 401(k) market. Last year it released PartnerLens, a unique data visualization experience for advisors. Next up is SponsorLens, currently in beta testing, which will provide a similarly modern, data-driven interface for Plan Sponsors.

About LT Trust

Headquartered in Denver, Colorado, LT Trust provides low-cost 401(k) recordkeeping and administration services to growing businesses in all 50 states. By offering an open architecture 401(k) platform with access to almost 30,000 investment options, LT Trust enables its advisors to construct best-of-breed fund lineups without imposing any product requirements. LT Trust administered over 4,400 retirement plans with over $5.7 billion in assets as of June 30, 2021. On July 29, 2021 LT Trust announced it signed a definitive agreement to be acquired by American Trust Company; the transaction is expected to close within the next month.

Contact:
Burke Johnson | LT Trust                                            
(303) 658-3731 | Burke.Johnson@LTTrust.com


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Men’s Closet Annual Back to School Backpack Giveaway to Take Place on Sunday, August 1, 2021

Staff from Men’s Closet will Give Away 300 Backpacks Filled with School Supplies Along with Hygiene Packs and More

Men’s Closet is pleased to announce the Men’s Closet Annual Back to School Backpack Giveaway. The event will take place from 10 a.m. to 2 p.m. on Sunday, August 1, 2021, at the Men’s Closet Clothing Store in Orlando located at 5510 W. Colonial Drive, Suite 102, in Orlando, Florida.

To learn more about the Men’s Closet Back 2 School Backpack Giveaway, please visit https://fb.me/e/1xchmztWv.

As a company spokesperson noted, staff from the Men’s Closet Orlando location will give away 300 backpacks that are filled with free school supplies to kids of all ages. Complimentary hygiene packs with a toothbrush and toothpaste will also be available.

“Boys can get a haircut and girls can get their hair braided at the outdoor event, all at no charge, and there will also be a variety of fun and family-friendly activities for the kids including face painting, an arcade truck, food, balloon animals and a 3-point basketball shooting contest,” the spokesperson noted, adding that everyone is welcome to attend.

“This is a local neighbourhood event that will help us to give back to our community.”

A number of vendors from the Orlando, Winter Garden, Ocoee and Pine Hills regions will be on hand for the event, including JoryDollaz Customs, Fasho Fruits, HoodGoat Clothing, Future Millionaire and many others.

The event will be powered by several local companies, including Mandell Law FirmAAA School of Dental Assisting and Expanding Minds Academy.

Men’s Closet is looking forward to the event and helping area kids have a successful return to school.

About Men’s Closet:
Men’s Closet is Orlando’s number one men’s footwear and clothing store. They carry the most exclusive brands in footwear and clothing including Nike, Jordan, Billionaire Boys Club, MCM, Roc Nation, and many more. For more information, please visit http://mensclosetclothing.com.

Men’s Closet
5510 W. Colonial Drive, Suite 102
Orlando, FL 32808

Media Contact:
Christian Stone / Kamran Datoo
events@mensclosetclothing.com
www.mensclosetclothing.com
4075784878

SOURCE: Mens Closet


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Peru Strengthens Its Revival Through Expo 2020 Dubai

The mega-event will be a meeting point for the global economic revival process and will allow Peru to enter markets with a high purchasing power.

The Export and Tourism Promotion Commission – PROMPERÚ reaffirmed Peru’s participation in Expo 2020 Dubai, which was to take place last year, but had been postponed due to the pandemic and will now be held from October 1 until March 2022.

“The development of Expo Dubai marks a new milestone in the process of economic revival, becoming the ideal opportunity for our country to reassert itself in the economic, commercial and tourist arena, positioning us before the eyes of the world,” said Amora Carbajal, executive president of PROMPERÚ.

The announcement was made after signing an agreement with DP World, a port logistics operator that will allow the best products to be sent from Peru to Dubai so that millions of visitors from all over the world may enjoy and get to know this country better.

BUSINESS OPPORTUNITY

The Peruvian booth will promote various activities such as business roundtables related to the textile sector to boost its alpaca fibre and Peruvian cotton. With the aim of showing the diversity in natural raw materials, food fairs will be held, where superfoods will be front and centre.

The UAE ranks fifth in Peruvian shipments to Asia, behind China, South Korea, Japan and India. In 2020, non-traditional exports to the Middle East giant grew by 6.1% compared to 2019. On the other hand, within the framework of Expo 2020 Dubai, the World Travel Awards will be awarded in South America, where Peru is nominated in 16 categories. It is a great opportunity to promote this country’s main tourist destinations.

It is estimated that this event would provide Peru with a potential market of $2.14 billion for its export products and an income of more than $44 million in currencies from tourism within two years.

For more information, visit: http://peruexpodubai.com

Watch Peru’s Dubai Expo video: https://www.youtube.com/watch?v=3gKhgc1imPw

Contacts

Ivonne Parra
+51992891715
iparra@promperu.gob.pe


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High Tech Revolution Merges Fashion, Art, and Tech in One of a Kind Gallery Pop-Up

NFT’s are the wave of the future, say many online buyers, but one fashionista and art enthusiast merged all three. Meet Taylor Coleman, a renaissance artist, with a flair for design and the digital verse. The multi-talented Coleman mixes tech with fashion in an innovative design that shoots the shopping experience into the stratosphere.

With NFT’s growing at an exorbitant rate, Coleman surely hit on a fresh wave of inspiration. According to CoinDesk, over 174 million dollars has been spent on non-fungible tokens in the past five years, and digital artwork is the purchase of choice. Taylor, a visionary in the fashion world, sees the trend coming, and she is riding the wave to succeed with the Greyt Scott Gallery Pop-Up Shops, where patrons see original works of art on the walls and on the clothing designs. Her Greyt Scott shows are the new must-see event in Dallas.

Customers who dig Taylor’s clothing line instantly connect to her rariable.com store by using the QR code on their hang tags. Those who purchase her t-shirts and hats now have access to her exclusive digital collection of rare Greyt Scott merchandise. Coleman, a maverick, innovator, futurist, and techno-philosopher, is a sought-after icon in the digital space.

Coleman is making her own name in the digital landscape as an innovative designer with an open mind for techno-art hybrid saying, “NFT’s are the future, and I want to be sure we are a part of that revolution.” From golden-hued bucket hats and provocative themed t-shirts, Taylor is creating a niche unlike any other. Fans of her work love the classic graffiti bomber jackets, neck gaiters, and graphic tees.

Taylor says the new American-classic apparel company is fashioned for millennial creatives with timeless style. The new fall line takes apparel to the next level with augmented reality-style designs. Each shirt contains revolutionary artwork which is scannable on your mobile device, and the customer will instantly enjoy a 3D interface with their clothing. It will, in fact, “come alive” right before their eyes.

For more information, please contact Taylor Coleman at taylor@greytscott.com.

Taylor Coleman
GreyT Scott
+1 972-880-5046
Visit us on social media:
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Skyllful Wins a Gold 2021 dotCOMM Award for The Complete Checklist for Mobile Workforce App Deployments

Skyllful’s top prize in the international awards competition recognizes the company’s excellence in creating educational resources for enterprises with large mobile workforces

Skyllful, a leading provider of a mobile digital adoption platform that helps workers on the front lines use mobile apps and devices more efficiently and effectively, today announced its “The Complete Checklist for Mobile Workforce App Deployments,” which is comprised of a downloadable asset and a two-part blog series, was awarded one of the top prizes at the 2021 dotCOMM Awards.

“As mobile apps and handheld devices are now essential tools for any field workforce, our comprehensive checklist of practical considerations for a successful deployment of them taps into our extensive experience working with both mobile technology and large field workforces,” said Justin Lake, CEO of Skyllful. “We’ve seen time and time again how missing any one of these items can prevent a digital solution from achieving its desired business results. We’re honored by the dotCOMM Awards’ recognition of our educational resource for companies to get their mobile workers trained on their digital tools, which isn’t easy, and positively impact their bottom line.”

Skyllful’s award-winning Mobile Digital Adoption Platform provides on-device, on-demand, scenario-based app simulations that ensure frontline mobile workers are prepared and proficient with their mobile apps and devices. It is the only digital adoption platform built specifically for the learning needs of frontline mobile workers. Designed for project managers, change management leaders and IT leaders, Skyllful’s platform helps with both new digital deployments and onboarding of new hires by providing simulation training, ongoing education and real-time support. Proven to increase productivity and maximize investments in technology, Skyllful’s platform has been recognized with a 2021 BIG Innovation Award, presented by the Business Intelligence Group, and a Gold 2021 Stevie Award for Best Corporate Learning/Workforce Development Solution.

The dotCOMM Awards is administered and judged by the Association of Marketing and Communication Professionals. The 2021 competition received more than 2,500 entries from throughout the U.S., Canada, and numerous other countries.

About Skyllful
Skyllful is a leading provider of a mobile digital adoption platform that helps workers on the front lines use enterprise mobile apps more efficiently and effectively in their delivery of essential products and services. With deep expertise in leading mobile technology and best practice field deployments as well as a leadership team with decades of experience working with large mobile workforces and applications, Skyllful provides on-device, on-demand training through scenario-based simulations. Whether a company is deploying a new mission-critical workforce app or seeking to improve its workforce engagement with existing apps, the Skyllful platform is easy to use, intuitively designed and proven to increase productivity and deliver greater returns on investment in technology. Skyllful is headquartered in Denver, Colo., and maintains a customer experience center in the greater Dallas/Ft. Worth area of Texas. For more information, visit https://www.skyllful.com and follow on Twitter @Skyllfulco.

Contact Author

MICHAEL TEBO
Gabriel Marketing Group (for Skyllful)
571-835-8775


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Poolz Becomes the First DeFi Launchpad to Offer Risk-Free IDOs

 Poolz Finance is thrilled to announce that it will be launching the first-ever risk-free IDO model. This new model will allow investors to claim back 100% of their funds within 24 hours after the token listing of each project that conducted IDO on Poolz.

With this safety net in place for DeFi investors, investors are more likely to invest in the upcoming IDOs on Poolz.
Besides, this will also ensure that more investors can invest bigger amounts in the crypto projects as their capitals will be completely safe until the time of listing, and they will make the projects’ last stage of fundraising a huge success. It will create a win-win situation for both the investors and the projects.

Poolz has worked tirelessly over the last several months to ensure maximum benefits for its community of investors. From bringing in the best DeFi projects to conduct IDO to having the most community-centric and comprehensive IDO model, Poolz has done it all.

Seeing the market circumstances, however, it is easy to understand that investors are facing difficulty and trust issues in terms of investing in crypto projects. Besides, this has also created a huge hurdle for projects trying to raise funds through public offerings. This is why Poolz has set up its new IDO model to offer completely risk-free IDOs and create a win-win situation for both projects and investors.

In line with this new model, IDO investors will get the option to claim a complete refund of the amount they invested within 24 hours of listing of each token. So, in case the investors want to exit their position due to any market circumstances, they can do so with the click of a button and get back the actual amount they invested.

Expressing his thoughts on this new IDO model, Guy Oren, the founder of Poolz, said, “It will be the first time that the DeFi industry will witness something of this scale to offer a completely risk-free IDO opportunity to investors. Poolz is leading this change to bring heightened security to investors and build more trust in the DeFi space. This will act as a perfect opportunity for new investors who have until now watched the IDO and DeFi sector from the sidelines. We are extremely excited to see the extent to which this new innovation in DeFi will benefit the investor community. “

The team is confident that this step by Poolz will create a huge sentiment of credibility among the Poolz community investors and the amount they intend to invest in the upcoming IDO.

Poolz has a lot more going on under the hood and there will be many more exciting announcements about the latest updates. Stay tuned!

About Poolz

Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. The Poolz platform has already integrated with many different blockchains and is in discussions with more than 10 of the biggest blockchain networks.

Website: https://www.poolz.finance/
Twitter: https://twitter.com/Poolz__
Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
Github: https://github.com/The-Poolz

Contact:

Liam Cohen
CMO 
hello@poolz.finance

SOURCE: Poolz


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MOLDMAKING TECHNOLOGY LOOKS AT FACTORYFIX AS JOB RESOURCES

Patrick O’Rahilly, CEO and Founder of FactoryFix, an online platform that matches vetted manufacturing workers with companies seeking specific skill sets was recently feature in MoldMaking Technology magazine. O’Rahilly was interviewed by manufacturing journalist, TR Cutler and discussed how this platform sets a new standard in how small to mid-sized moldmakers hire talent across the U.S. Read the full article here.

O’Rahilly shared, “Because of the high skill and intense labor involved, much of the US’s moldmaking had been outsourced to low-wage countries pre-COVID. The majority of plastic and rubber parts that exist are being reshored to North America. Having a deep pool of qualified, trained, and experienced candidates are essential. The vetting process of moldmaking candidates is vital when aligning appropriate skillsets with each position’s demands in the industry.”

MoldMaking Technology addresses the complete lifecycle of the manufacture and maintenance of a mold—from design to first shot—by providing solutions and strategies to mold making professionals.

About FACTORY MADE

FACTORY MADE is a 6-episode comedy series set in an operational factory, where the FactoryFix platform plays a character alongside some of today’s top American comedian talent. This first-of-a-kind programming will attract the entire manufacturing industry, as it takes place in a food production facility and takes on the issues facing small to mid-sized US manufacturing companies. The industry has never had content like this, custom-built for them, created as a stand-alone comedy show with high production value and recognizable actors.

FACTORY MADE will live exclusively on the FactoryFix YouTube channel, with the first episode dropping in mid-June. Subscribe to see it first: http://youtube.com/factoryfix

About FactoryFix:

FactoryFix is a recruiting platform that connects manufacturers to vetted, skilled workers. The platform’s purpose is two-fold: 1) to help companies with hiring by providing access to a unique talent pool, vetting applicants, providing salary insights, generating job listings, and other tools to streamline the process. 2) It also allows job seekers to create profiles to easily find employers that fit their skill-sets, thus maximizing their earning potential.

Companies that engage in an annual subscription are guaranteed qualified workers for their open positions. Some of the most popular jobs on FactoryFix include operator, maintenance, welding, machining, and automation roles. Explore more than 250,000 jobs on the most robust US Manufacturing job board today: FactoryFix.com.

Few hiring solutions offer quantifiable success rates in matching top talent to positions with the appropriate skill sets. Only through a robust platform that incorporates deeper-level matching can hiring efficiency be measured and maximized.

The results are clear, FactoryFix customers are benefiting from:

  • At least 50% reduction in overall cost per hire
  • 4 times faster to fill positions than traditional staffing
  • 10 times more qualified candidates than posting on a job board

FactoryFix guarantees a total number of hires per year to ensure that customers meet their desired cost-per-hire target. The company recently introduced a 3-directional chat service, TalentText, to further expedite the hiring process. Request a demo

Media Contact
Company Name: FactoryFix
Contact Person: Evan White
Phone: (509) 995-9105
Address:4338 W Lawrence Ave
City: Chicago
State: Illinois
Country: United States
Website: https://www.factoryfix.com/


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TunesBank Announces A Powerful Audible Converter for Windows and Mac

TunesBank newly launched the Audible Converter for Windows and Mac, designed to bypass Audible DRM and convert the AA, AAX audiobooks to MP3, M4A, AAC, FLAC, and WAV for offline playback freely.

TunesBank software, the top-leading in DRM removal and converter field, has officially launched a one-stop Audible AA/AAX Audiobook Converter, called TunesBank Audible Converter. With the help of the advanced decryption processor in the program, users can easily get rid of Audible DRM lock and convert Audible AA or AAX audiobooks to MP3, M4A, FLAC, and WAV with zero quality loss, so that they can freely use Audible books, and listen to Audible audiobooks anytime, anywhere.

“Audible is known for its rich audiobooks and spoken entertainment, offering over 200,000 audiobooks. But it encoded all the audiobooks with Digital rights management (DRM) technology. Even if the users have legally purchased the Audiobooks from Amazon Audible, they can only access them through the Audible official app or iTunes program on limited authorized devices. As a result, more and more Audible users ask us to release a specific audiobook converting tool for Audible as there is no professional Audible converter on the market.” Abraham Brown said, the product supervisor of TunesBank. “So, under the development of engineering leadership and teamwork, TunesBank Audible Converter is here to help customers enjoy Audible audiobooks freely and improve their experience.”

As a one-stop Audible DRM Cracker and Audible Converter, TunesBank Audible Converter is dedicated to remove Audible DRM and converting AA, AAX to MP3, M4A, WAV, and FLAC with original chapters and ID3 tags kept, including book cover, title, artist, album, genre, etc. The built-in ID3 tags editor even allows users to edit the ID3 tags freely. As a result, you can freely use, control, and enjoy Audible books on any media player and device, such as Windows Media Player, QuickTime, iTunes, MP3 players, iPods, Sony Walkman, iPhone, Android phones, PSP, iRiver, Zune, Kindle and more.

Unlike other traditional audio converters and recorders, it enables users to convert an Audible audiobook at 100X super faster speed in converting Audible books to MP3/M4A without dropping any quality. With its simple and clean interface, users can directly drag and drop Audible AA or AAX files to its interface, select the output format, and then start the conversion. In the whole process, there is no need to use extra software such as iTunes, and no Audible account authorization! In order to make it more powerful and useful, TunesBank Audible Converter was designed with a built-in splitter, which allows you to split large audiobooks into multiple segments by chapters or time.

Key Features of TunesBank Audible Converter

As a unique DRM removal and Audible Converter solution exclusively designed for Audible users, TunesBank Audible Converter for Mac & Windows will become another star product in TunesBank’s lineup.

1. Remove DRM protection from Audible AA and AAX Audiobooks for free playback.

2. Convert Audible books straightforwardly without iTunes and Audible authentication.

3. Convert all Audible AA and AAX files to MP3, M4A, FLAC, WAV audio formats losslessly.

4. Retain 100% of the original audio quality of Audible books, and customize the bit rate and sample rate.

5. Built-in ID3 tags editor, keep and edit ID3 tags, including cover, artist, album, title, genre, etc.

6. Preserve original chapter info and split an audiobook into small parts by chapter, time, or segments averagely.

7. Set a different output format for each added Audible audiobook before conversion.

8. Work at up to 700X super quicker speed with batch conversion supported perfectly.

9. Play Audible Audiobooks on any device and tablet without the Audible app or iTunes.

10. Enjoy lifetime updates and free technical support, 60 days no-reason money-back guarantee.

Price and Availability

TunesBank Audible Converter is highly compatible with Windows and macOS, including macOS Big Sur 11.5. It is very easy to operate, no computer skills are required. TunesBank Audible Converter for Windows and Mac now costs $34.95 for a lifetime license on 1 PC/Mac and $69.95 for a lifetime license on 5 PCs/Macs. It also offers a free trial version for all new users, which supports fully convert 2 Audible books in 15 days for free. You can try it out and test its performance before buying.

The latest version of TunesBank Audible Converter for Windows:
https://www.tunesbank.com/download/audible-converter.exe

The latest version of TunesBank Audible Converter for Mac:
https://www.tunesbank.com/download/audible-converter.pkg

About TunesBank Software

TunesBank is a creative technology company with an enthusiastic and professional team dedicated to developing and producing popular streaming music tools that can well convert audio files from Audible books, iTunes music and audiobooks, Apple Music, Spotify, etc. TunesBank Software’s mission is to develop and bring users the best software to improve their experience of enjoying digital media files.

Company: TunesBank
Official website: https://www.tunesbank.com
Email: support@tunesbank.com
YouTube page: https://www.youtube.com/channel/UCU7EfZG_HDFjE7jA25W7CnQ

Contact Information

Chris Sam
TunesBank Inc.
Hong Kong
Voice: 14739337961


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Yellow Tail Tech Teaches I.T. to Individuals with Security Clearance towards Landing High-Paying IT Jobs

Yellow Tail Tech is known for teaching students with no prior IT background. About 90 per cent of its students have no IT background whatsoever, but through the company’s framework, these individuals have managed to land high-paying jobs within the tech industry. Launched in 2014, Yellow Tail Tech offers six to nine months programs built for serious and motivated students who want to jumpstart or transform their careers.

Technology is rapidly progressing, generating millions and millions of jobs in the process. In the near future, most jobs will require a certain level of technological expertise and getting left behind will limit one’s opportunities. Fortunately, Yellow Tail Tech is here to help curb all those issues by being a highly successful EdTech company equipping individuals with no IT background or technical expertise with exceptional skills that will help them land their first high-paying IT job.

The renowned EdTech company boasts industry-certified instructors who work for the top enterprises all over the world. Their highly-equipped instructors offer hands-on experiences as they get their students ready for real-world challenges. Yellow Tail Tech trains its students to be Red Hat Certified System Administrators (RHCSA) and AWS DevOps Engineers.

The company has gained a massive reputation through its airtight training program that consistently produces extraordinary results. Yellow Tail Tech does things differently. The company’s airtight process has been significantly proven to produce results compared to alternative self-paced courses. Security clearance has been known to attract employers, increase an individual’s earning potential, and help them leverage their new career in the IT industry.

Yellow Tail Tech offers Linux DevOps and AWS Cloud Training for people with security clearance so they could begin their emerging careers in the IT Industry. The company heavily focuses on Linux and AWS Cloud Engineering with true subject matter experts who have a combined experience of over 30 years.

In a span of seven years, Yellow Tail Tech has successfully grown its track record for success. The company also boasts an internship as part of its program. Furthermore, they have a tuition reimbursement guarantee for students who don’t successfully land a job after successfully passing Yellow Tail Tech’s programs.

In the near future, Yellow Tail Tech is poised to become an industry leader in the EdTech space. The company aims to further grow its reputation within the realms of Linux and Cloud Computing, optimizing for results and not for scale. Yellow Tail Tech has been consistently growing by 250% every year, and in a couple of years’ time, the company is envisioned to grow by five to ten times larger than what it currently is.

It’s undeniable that there is a large gap between the amount of available Cloud Computing professionals and the ever-growing market demand. Yellow Tail Tech offers a clear and concise solution to this problem by training passionate and determined people with no IT Background and upskilling them to become skilled IT professionals.

Yellow Tail Tech helps its aspiring students leverage all the positive benefits of having a Security Clearance by helping them undergo an airtight and rigorous training program that will help them land a high-earning job in the IT industry. It is a clever win-win solution that helps individuals and the entire IT industry as a whole.

To know more about Yellow Tail Tech, make sure to follow the company on Instagram and Facebook.

Contact: 

Company Name: Yellow Tail Tech
Email: hello@yellowtail.tech
Phone: (301) 887-3220
Website: https://yellowtail.tech/

SOURCE: Yellow Tail Tech


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Learning Technologies Group (LTG) to acquire GP Strategies

Agreement to acquire GP Strategies reflects LTG’s ambition to create a leading workforce transformation business focused on learning and talent.

Learning Technologies Group plc (LTG), a leader in the high-growth workplace learning and talent industry, has entered into an agreement to acquire GP Strategies for $394 million (£284 million).

A significant advance for LTG, the addition of GP Strategies introduces strongly complementary workforce transformation capabilities. The expertise, capabilities and reach afforded by the combination will enable the combined group to become a specialist Learning and Talent partner with the services, skills and technologies for global businesses looking to transform and reskill their people at scale.

The acquisition enables expansion of LTG’s international footprint, blue-chip client base and cross-sells strategy. GP Strategies will also provide deep industry expertise, including targeted expansion sectors (such as pharma, aerospace and automotive) and capabilities (such as leadership development and technical training).

The acquisition introduces further diversification of revenue streams and an increased global footprint, including deepened penetration into the US and an opening of new markets in Asia, with the basis of a growing and respected L&D brand in corporate China.

Following the acquisition, LTG will have c.5,500 employees worldwide, reaching 80+ countries that will help customers close the gap between current and future workforce capability on both a global and local basis.

Commenting on the proposed Acquisition, Jonathan Satchell, Chief Executive of LTG, said:
“Today marks an important moment for LTG as we announce a significant expansion of our business through the proposed acquisition of GP Strategies, leading learning services and workforce transformation provider. The proposed acquisition brings new capabilities and deep sector expertise in high-value industries. The acquisition provides LTG with a significant opportunity to expand on our long-term customer relationships while bringing a substantial new base of large global customers from GP Strategies.

I look forward to welcoming GP Strategies’ teams and people, who are joining us on an exciting journey as we benefit from consolidation of the growing corporate learning and talent management industry.”

Said Adam Stedham, Chief Executive Officer at GP Strategies: “I respect the accomplishments of Learning Technologies Group and their leadership team. We share the same positive outlook regarding our industry, and I am confident they will help continue to accelerate the momentum we have achieved over the last few years. I believe their commercial expertise, business practices, and financial acumen, combined with our client relationship strategies, will create the world-class workforce transformation company we all want.”

About Learning Technologies Group
Learning Technologies Group (LTG) is a leader in the high-growth workplace learning and talent industry. The Group offers end-to-end learning and talent management solutions, 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 AIM (LTG.L) and is headquartered in London. The Group has offices in Europe, North America, South America and Asia-Pacific.

LTG’s businesses, including LEO LearningGomoPRELOADEDRustici SoftwarePeopleFluentAffirmityWatershedVectorVMSInstilledBridgePDT Global and Open LMS, are at the forefront of innovation and best practice in the learning technology and talent management sectors and have received numerous awards for their exceptional performance. Our portfolio of brands represents the best of breed and is acknowledged throughout the industry as market leaders.

For more, visit ltgplc.com.

About GP Strategies
GP Strategies (NYSE: GPX) is a global workforce transformation provider of organisational and technical performance solutions. GP Strategies’ solutions improve the effectiveness of organisations by delivering innovative and superior training, consulting, and business improvement services customised to meet the specific needs of its clients. Clients include Fortune 500 companies, automotive, financial services, technology, aerospace and defence industries, and other commercial and government customers.

Additional information can be found at gpstrategies.com.

Contact Author

JARED ORLIN
Learning Technologies Group plc
01273468889


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