On November 10, 2020, Three Keys Capital Advisors announced it co-advised Global Knowledge Training on its sale to Churchill Capital Corp II (NYSE:CCX.U) for approximately $233 million. This transaction, part of the merger with Skillsoft, aims to create a leading global digital learning company, enhancing content offerings and learning modalities. The advisory was led by prominent figures including David Braunschvig and Gui Silva, emphasizing the strategic nature of this acquisition.
Churchill Capital Corp II (NYSE: CCX.U) has announced a merger with Skillsoft, valued at $1.3 billion, and an acquisition of Global Knowledge for $233 million, totaling $1.5 billion. The combined entity will operate as Skillsoft, bolstering its position in the digital learning market with over 70% of Fortune 1000 clients and 45 million users. This strategic move aims to enhance digital training offerings and expand market reach amidst growing demand for IT skills development. The transaction is expected to close in January 2021, following shareholder approval and regulatory clearance.