LearnPro Expands Portfolio with Redkite Acquisition
Deal News | Jan 13, 2025 | Apiary Capital
LearnPro Group has acquired Redkite Systems, known for its Smart Training, Competency & Asset Management systems. This acquisition is a strategic move to enhance LearnPro's portfolio in virtual reality and e-learning software, primarily serving emergency services globally. Redkite, which provides systems to civilian and military fire services, including airports like London Heathrow, will bolster LearnPro's presence in the global emergency and critical infrastructure sectors. This follows LearnPro's recent purchase of Infographics, indicating a pattern of growth and market consolidation. According to LearnPro's CEO, Costi Karayannis, the acquisition will provide opportunities to widen their reach into the aviation and industrial sectors. Apiary Capital, supporting LearnPro, sees this as an opportunity to expand its customer base while maintaining quality delivery to emergency services.
Sectors
- Software and Technology
- Emergency Services
- Aviation and Infrastructure
Geography
- Global – The acquisition targets global clients, including major airports and emergency services worldwide.
- United Kingdom – LearnPro is presumably based in the UK, with service mentions including London Heathrow.
Industry
- Software and Technology – LearnPro Group is enhancing its e-learning software portfolio with acquisitions like Redkite, emphasizing its role in the software and technology sector.
- Emergency Services – Redkite provides systems to civilian and military fire services, underscoring its impact on the emergency services industry.
- Aviation and Infrastructure – Redkite’s clients include major airports, indicating its significant role in the aviation and infrastructure sectors.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LearnPro Group | Acquirer | Company | A provider of virtual reality and e-learning software solutions for the emergency services and critical infrastructure sectors. |
| Redkite Systems | Target | Company | A company providing Smart Training, Competency & Asset Management systems to fire services and global airports. |
| Apiary Capital | PE Firm | Company | Private Equity firm supporting LearnPro Group in its acquisition endeavors. |
| Costi Karayannis | Executive | Person | CEO of the LearnPro Group, overseeing the acquisition and strategic expansion. |
| Ed Leeming | Investment Manager | Person | Investment Manager at Apiary Capital, involved in supporting the LearnPro Group's acquisition of Redkite. |