Paisley-based online learning provider Bolt Learning has been acquired by a private equity firm.
Bolt’s shareholders accepted an offer of investment from Aliter Capital last Friday (24 May) to fund its next stage of growth.
All of Bolt’s shareholders will remain equity shareholders, including Tom Fender, who will step down from day-to-day involvement as MD of Bolt’s commercial operation. Fender was an initial seed investor in Bolt and previously held a non-executive director position with the company.
Since launching in 2014, the business has won several awards and provided training solutions for a number of companies in the convenience sector including the ACS, David’s Kitchen, Lifestyle Express, McColl’s and forecourt operator MRH.
Tom Fender said: “I have loved being part of the successful launch and growth of Bolt Learning in the last few years and I wish everyone the very best of luck and success for the future.”