Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
We acted as lead adviser to our client, Skill Pill Limited, on the sale of the digital micro-learning company to Aliter Capital LLP
Our advisers helped the owners find a strategic buyer for the business to enable Skill Skill’s range of high-quality learning content to grow further in tandem with Aliter’s existing education portfolio companies which included Sponge and Bolt. The PEM Corporate Finance team supported the vendors throughout the sale process from initial contacts through negotiation to managing the data room and completion process.
Skill Pill is a digital micro-learning specialist which produces high-quality video, animation, and gamified eLearning content. The company has a particular strength in business performance support, leadership, management, sales, and personal effectiveness training. Skill Pill modules serve over 1 million learners in 168 countries around the globe. Its customers include the BBC, Fujitsu, John Lewis/Waitrose, Save the Children, and the NHS. Its learning is based on globally recognised methodologies published by leading organisations such as Pearson and the Financial Times.
Owing to the restrictions on movement because of the Covid-19 pandemic, our transaction team ran the entire M&A process using technology.
Aliter Capital acquired 100% of the share capital.