ACI Learning, a global leader in audit, cybersecurity, and IT training, has announced the acquisition of Infosec Learning, a leading digital skills learning platform for cybersecurity, cyber ranges, and software training. This is ACI’s fourth add-on acquisition as a Boathouse Capital portfolio company.
The financial terms of the transaction, however, were not disclosed.
The cybersecurity landscape is evolving, and ACI Learning is at the forefront of market definition. This acquisition expands ACI’s impressive portfolio of training solutions aimed at getting people into jobs and advancing professionals’ careers while also providing organizations with greater confidence that their data is secure.
Fueling the modern workforce, ACI is trusted by Fortune 500 companies, leading universities, and small businesses. The company is a partner that is always available to identify skill gaps and provide immediate solutions to enterprises, channel partners, and individuals. Its credentialed edutainers deliver certification prep and skills training via binge-worthy content that supports all points of the career lifecycle, from providing technology fundamentals to protecting the systems that send people to space.
Speaking on the acquisition, CEO of ACI Learning, Brett Shively, said:
This deal further consolidates the market and gives us more scale, data and insights to enhance our learning platform, delivering an experience that is now table stakes for individuals and organizations alike. Our customers choose ACI because of our strong training content, courses and assessments and our unwavering commitment to staying ahead of ever-evolving and fast-changing dynamics in their businesses. The internal and external challenges of existing and emerging threats, alongside the influx of new technologies like AI, have placed an even greater premium on cybersecurity, audit and IT skills training and assessment. The stakes are critical.
The acquired Infosec Learning assets include more than 500 configurable labs with simulation, assessment and reporting capabilities.
Jim Kowatch, President & CEO of Infosec Learning, stated:
Initially, we prioritized offering our training in a cloud-based, subscription learning environment. Doing so ensured that our training catalogue of courses and labs could be as flexible and agile as our customers’ needs. ACI’s existing offerings and customer sets match ours perfectly, and we are thrilled to bring our portfolio and relationships to the ACI platform that is future-proofing organizations across the globe.
As part of the deal, Tyton Partners served as financial advisor, and Armstrong Teasdale LLP acted as legal advisor to Infosec Learning. Ice Miller LLP acted as legal advisor to ACI Learning.
Infosec Learning, founded by Jim Kowatch, focuses on developing and accessing cyber security and cyber-related skills through its dependable, scalable, fast, and customizable learning platform. The platform offers innovative, impactful virtual labs for hands-on, personalized learning to colleges, universities, and businesses. Its lab solution is an online, remote-accessible laboratory environment that provides students with real-world experience and the skill-set readiness required to perform security practitioner support. The virtual labs include step-by-step instructions and a “capture the flag” assessment feature to teach and verify lessons learned.