Buzzacott facilitated Totara Learning’s acquisition of partners Chambury Learning and Think Associates Ltd.
- Totara, known for its advanced learning management systems, aims to bolster its market presence.
- The acquisitions are set to improve Totara’s capability in public sector and healthcare technology solutions.
- Buzzacott provided comprehensive advisory services covering transaction, tax, and VAT areas.
- The deal adds significant revenue boost and customer base expansion for Totara.
Buzzacott has played a pivotal role in assisting Totara Learning to acquire two significant partners, namely Chambury Learning and Think Associates Ltd. These acquisitions are critical as Totara seeks to enhance its market reach, particularly in public sector and healthcare sectors, where both Chambury and Think hold substantial influence.
Totara is a renowned name in the domain of learning management technologies, catering to a diverse clientele exceeding 1,500 customers, and impacting more than 20 million users on a global scale. Its primary offering, Totara Learn, is a customisable platform facilitating performance management for various organisations including multinational enterprises and government bodies.
The strategic move to bring Chambury and Think under its wing is expected to further strengthen Totara’s service delivery by leveraging the specialised focus of both companies. Chambury is acclaimed for its bespoke training programmes that prioritise health and wellbeing, utilising Totara’s platform. On the other hand, Think has carved out a niche with its consultancy services primarily dedicated to the UK healthcare industry, enhancing user engagement through its expertise in Totara-based technologies.
Buzzacott’s involvement was extensive, providing transaction advice, tax due diligence, and VAT consultancy. The project oversight fell to partner Alex Judd, with support from James Wood and Stephen Byrne. Taxation insights were spearheaded by Alastair McQuater, alongside his adept team, while the VAT nuances were directed by Kam Chauhan.
The successful completion of these acquisitions brings in approximately 130 new customers and 70 additional employees, contributing to a revenue uplift of about $10 million. This is a notable increase when juxtaposed with Totara’s existing workforce and annual recurring revenue, which has been steadily growing at a rate of over 20% annually.
These strategic acquisitions mark a significant step in Totara’s growth trajectory, enhancing its competitive edge.
