German online language training provider Learnship enters into strategic alliance with Cartus Corporation, a leading American provider of global relocation services.
Clipperton Finance acted as Sole Strategic Advisor to Learnship
Berlin/Köln – July, 24th 2014 – Clipperton Finance, a leading European strategic and corporate finance boutique focused on the High Tech and Media industries announced the closing of a strategic alliance between its client Learnship and Cartus Corporation, a global leader in corporate relocation services and subsidiary of the Realogy Corporation (NYSE: RLGY).
In just a few years, Learnship has become a European leader in live, online corporate language learning delivered via a proprietary web conferencing solution. Offering tailor made courses, in nine languages taught by a highly qualified pool of teachers, Learnship has established itself as the effective alternative to face-to-face offline training, generating significant cost savings and ROI for clients without compromising on teaching quality.
The alliance greatly enhances Cartus’ existing language training capabilities, enabling the company to offer customized, high-quality, flexible, face-to-face training both in person and online. It also broadensCartus’ market opportunities. Cartus is already a leading provider of language solutions to the corporate relocation market worldwide, and the new alliance expands the company’s market to the growing Learning and Development (L&D) arena both in the U.S. and Europe. Learnship’s proprietary Platform-as-a-Service solution reduces administrative efforts and generates significant cost savings for the L&D function. Cartus’ newly expanded language solutions offer unique value to managers and learners, for instance:
- High quality: Provided by expert language instructors, the curricula are tailored to learners’ professional needs, skills, and styles.
- Increased flexibility: Learners can now combine digital technology with face-to-face teaching, making the process easier, and with faster start-up times. For the relocation market, families and assignees in different locations have enhanced ability for shared learning.
- Full transparency: Managers can track language progress and cost; Learning and Development managers benefit through a set of tested management tools that integrate with Learning Management Systems.
“Learnship’s innovative technology is user-friendly and expands our opportunities to provide language training anytime, anywhere,” said Kevin Kelleher, Cartus president and CEO. Kelleher stressed that Learnship’s capabilities not only enhance the value of Cartus’ language training for companies and employees working in virtual teams or moving around the world for jobs, but also provide a unique value proposition to corporate Learning and Development. “In just a few years, Learnship has grown to become the new standard for language training quality in the Learning and Development field, and we are excited about the numerous opportunities this new alliance offers Cartus,” Kelleher said.
Learnship has reported client cost savings of up to 20% on global training and development budgets, while also reducing internal administration efforts for training management.
“Given the compelling value proposition of better training results at significantly reduced cost, Learnship has become one of the fastest growing corporate language training companies in Europe,” said Learnship CEO and Founder Sushel Bijganath. “We are very excited to partner with Cartus as we expand to the U.S. and offer our services to corporations worldwide. Forming a strategic alliance with Cartus is a significant milestone for our company.”
Stéphane Valorge, Partner of Clipperton in charge of managing the case, commented “It has been a real pleasure working alongside Learnship’s management on this strategic alliance which results in a highly valuable and complementary partnership between two companies with global vision.”
Learnship’s strategic alliance represents yet another international assignment in the corporate software & services space for Clipperton, underlining its focus and expertise in this area.
For more information, please contact:
Clipperton Finance
Stéphane Valorge, Partner (Berlin), svalorge@clipperton.net
Kulchetan Sanga, Associate (London), ksanga@clipperton.net
Martin Vielle, Associate (Paris), mvielle@clipperton.net
About Clipperton Finance
Clipperton Finance is a European strategy and corporate finance boutique exclusively dedicated to the HighTech and Media industries. Clipperton Finance advises high growth companies on strategic partnerships, financial transactions, Mergers & Acquisitions, fundraisings and capital increases. With a team based in London, Berlin, and Paris and an international reach, Clipperton Finance is a European leader in the sector. The team has successfully structured more than seventy high level international transactions in the European High Tech sector. For more information, visit www.clipperton.net