In 2021, TicTac Interactive (‘TicTac‘) partnered with the asset fund Bridgepoint and set an ambitious growth goal. To keep on target, TicTac is executing on their mission by acquiring Key2Know. This enables rapid market growth to become Northern Europe’s leading EdTech company.
Key2Know is a well-established provider of corporate e-learning solutions in the Danish market, with a client base of over 200 Danish corporate customers.
Partnering with Key2Know will give TicTac a strong establishment in the Danish market and will provide Key2Know’s customers access to TicTac’s broader product offering.
Key2Know, will benefit from TicTac’s scale, access to its complete learning & development (L&D) solution which includes leading SaaS platforms (LMS, LXP) within learning, and best in class approach to selling corporate learning solutions.
Following the acquisition, the management team of Key2Know plan to work alongside the TicTac to ensure a smooth transition so that customers receive the full benefit of being a part of the wider platform. Key2Know will change name to Tictac as a result of the acqusition.
“We are thrilled to be part of the TicTac group, TicTac is one of fastest growing corporate e-learning providers in the Nordic. Onboarding Tictacs knowledge and expertise will bring great value to our customers” said Bo Sejer Frandsen, CEO and co-owner of Key2Know.
“Partnering with Bridgepoint this summer to support our growth plans is already delivering. We are pleased to execute on our buy and build strategy by acquiring Key2Know. With Key2Know we join forces with an excellent Danish Team to boost our market expansion and bring the best offering to our customers. This investment takes us one step closer to fulling our vision of becoming the leading Edtech company for corporates across Northern Europe” said Carolina Faxe, CEO & Founder.
For further information
Contact
Carolina Faxe +46 70 146 20 50
Bo Sejer Frandsen +45 28351400
