Divestiture/carve-outMay 20, 2026Completed
🇺🇸 United States
GKGlobal KnowledgeEVEnduring Ventures
Consumer & Retail › Education
Deal valueUndisclosed
AnnouncedMay 20, 2026
ConsiderationCash
StructureOther
RegionNorth America
Cross-borderUnknown
Contingent paymentNo
Overview
Skillsoft entered into an agreement to sell its Global Knowledge instructor-led training business to an affiliate of Enduring Ventures. Consideration was $10 million initial plus $10 million deferred (less about $2 million of employee liabilities), subject to adjustments.
Deal rationale
The sale lets Skillsoft focus on its AI-native skills management platform and simplify operations, while keeping a strategic partnership for instructor-led training.
AI-generated from the SEC filingCompletedConsumer & Retail › EducationUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
None listed
Sell-side
JJefferies
Parties
Target
GKGlobal Knowledge
- Headquarters
- United States
- Ticker
- —
Acquirer
EVEnduring Ventures
- Headquarters
- —
- Ticker
- —