TicTac Learn (‘TicTac’) has acquired Interlake Learning GmbH (‘Interlake’), a leading provider of digital learning solutions in Germany serving over 1,800 corporate clients. Partnering with Interlake will give TicTac a strong local presence in the German market and provide Interlake’s customers with access to TicTac’s broader software and service offering. The acquisition doubles the size of TicTac and take the company one step closer to fulfilling the vision of becoming the leading EdTech supplier for corporates across Northern Europe.
TicTac Learn is the leading supplier of learning solutions in the Nordics. Interlake will benefit from TicTac’s wholistic approach to providing learning & development (L&D) solutions to its customers, combining market leading leading SaaS platforms (LMS, LXP), best in class content production and ongoing support and advice to ensure high engagement with corporate learning for its customers.
Following the acquisition, Interlake’s management team will work alongside TicTac to ensure a smooth transition so that customers receive the full benefit of being a part of the wider platform. Interlake will during a transition period change name to TicTac. The acquisition of Interlake follows the successful acquisition by TicTac of Key2Know in Denmark in December 2021.
-We are very proud and excited to be part of the TicTac Group, which is one of fastest growing providers of digital learning solutions in the Nordic region and will now be one of the leading providers in Northern Europe. Onboarding Tictac’s knowledge and expertise will bring great value to our customers and employees”, said Sven Slazenger, CEO and co-owner of Interlake. Interlake, with HQ in Potsdam, is already an official reseller och partner of the learning software Articulate in Germany which is a key product in TicTac Learns offering.
The acquisition of Interlake follows the successful acquisition by TicTac of Key2Know in Denmark in December 2021. TicTac Group is now available in five markets and providing professional services in all local languages. After bringing on Bridgepoint as a partner to support our growth plans in August 2021, we are pleased that our buy and build strategy in new geographic markets is progressing rapidly. Die TicTac Group ist nun in fünf Märkten vertreten und kann die Bedürfnisse ihrer Kunden sowohl auf lokaler als auch auf internationaler Ebene umfassend bedienen.
After bringing on Bridgepoint as a partner to support our growth plans in August 2021, we are pleased that our buy and build strategy in new geographic markets is progressing rapidly. Interlake is an excellent match for TicTac. With Interlake in Germany we join forces with an excellent German team to boost our market expansion and bring the best offering to a blue chip customer base, which provides an excellent foundation for further growth in Northern Europe. This acquisition doubles the size of TicTac and takes us one step closer to fulfilling our vision of becoming the leading EdTech supplier for corporates across Northern Europe”, said Carolina Faxe, CEO & Founder of TicTac.
Until the time of the takeover, Interlake Learning was a 100% subsidiary of the 25-year-old Interlake System GmbH, which continued its operational business in its subsidiary Interlake Media GmbH, founded in 2008, among other things, in order to continue to focus on the development of the AR authoring tool at the Potsdam location. Nextcreate and Microsoft Cloud technologies to focus on.
For more information about Interlake and TicTac, visit their websites:
www.interlake.net and www.tictac.se
