News

ILT Education acquired by Trill Impact

ILT Education is delighted to announce that on 16th June 2021, we were acquired by Trill Impact after an agreement was made with our previous owners Priveq.

Trill Impact is a private equity firm which supports mid-sized companies in Northern Europe that have the potential to accelerate value creation while contributing to the Sustainable Development Goals.

Commenting on the agreement, Johan Lundén, Investment Director at Trill Impact said:

“We believe ILT Education has significant potential in continuing to develop from a local market leader to an impactful international platform within digital education tools, aiming to provide equal learning opportunities, in an industry benefitting from rapid structural growth. The company has successfully entered several international markets and we see a great opportunity to expedite that expansion in partnership with the management team.”

Our CEO, Jakob Skogholm commented:

“I look forward to welcoming Trill Impact as the new majority owner of ILT Education where we together can become a true impact leader in Ed-Tech, accelerating our value proposition by measuring learning outcomes of students, increasing customer adoption and strengthening loyalty among our end-users and employees. This, combined with an ambitious growth agenda, makes me very excited about the outlook for the next few years”.