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Buzzacott has supported Totara Learning, which is backed by Tenzing, in its acquisition of two of its partners, Chambury Learning and Think Associates Ltd.
The accountancy firm provided transaction, tax due diligence and VAT consultancy.
The transaction team was made up of associate director James Wood and manager Stephen Byrne, overseen by partner Alex Judd.
Meanwhile, the tax due diligence team was led by partner Alastair McQuater and made up of senior manager Kazia Kruszewski, and supervisors Florence Klein and Catriona Soden. The VAT consultancy team was led by director Kam Chauhan.
Totara is a global leader in learning management technologies serving over 1,500 customers and reaching more than 20 million users worldwide. Its core product, Totara Learn, is a fully customisable learning and performance management software serving multinational corporations, government entities, and mid-market companies in delivering scalable workforce solutions.
Chambury specialises in providing customised learning, training and development programs focusing on health and wellbeing, utilising the Totara platform, while Think provides platform and consultancy services, primarily for the UK healthcare sector, and specialises in developing Totara and associated learning and talent technologies with end-user engagement at the heart of their approach.
The acquisition is part of Totara’s ambitions to enhance its route to market, which outside of North America has historically been exclusively through partners.
The deal brings 130 customers and around 70 employees to the group, providing about $10m (£7.8m) revenue uplift. This compares to Totara’s 120 staff and roughly $30m (£23.6m) ARR base, growing at more than 20% year-over-year.
In addition, Think and Chambury will benefit from Totara’s resources to more effectively focus on their public sector and healthcare specialisms, as well as targeting larger tenders.
