BDO has provided Vendor Due Diligence and advisory for Omniplex, a provider of software, support and services to the eLearning sector, followed by vendor top up Financial Due Diligence and advisory for the eventual investor (LDC) which acquired a minority stake in Omniplex. BDO M&A also acted as the lead advisor for the Transaction.
Omniplex is a market-leading eLearning solutions provider. The company has offices in the UK and China and is the UK official partner of Articulate, one of the world’s leading eLearning authoring platforms. Omniplex also partners with other major eLearning software platforms including Vyond, and Docebo, and provides value-added eLearning services including training, consulting and bespoke content development through its digital learning design agency, called Cursim.
The management team has an enviable reputation for excellence and innovation in the eLearning and authoring sector, and the business has experienced strong growth, having increased revenues 36% year-on-year as organisations continue to turn to digital learning solutions.
With LDC’s investment, the business is perfectly placed to capitalise on the many opportunities in this growing market, as it targets further organic growth and explores complementary acquisitions.
"BDO worked hard to deliver both insightful commercial and financial analysis to support this transaction."
Matthew Lloyd, Director, Omniplex Group Limited