Regent LP Acquires CrossKnowledge
PARIS, FRANCE — (August 30, 2024) — Regent LP, a Los Angeles-based private equity firm known for its hands-on management approach and diverse global portfolio, today announced its acquisition of CrossKnowledge from Wiley. This acquisition bolsters Regent’s growing presence in the digital learning and development industry, positioning CrossKnowledge for accelerated growth and innovation within the evolving landscape of online education.
CrossKnowledge, a recognized leader in corporate digital learning solutions, partners with organizations worldwide to deliver customizable and scalable learning experiences. With an award-winning suite of digital content, collaborative tools, and learning management solutions, CrossKnowledge has built a reputation for empowering companies to develop and retain high-performing talent. Regent’s acquisition is expected to further enhance CrossKnowledge’s capabilities, delivering even greater value to its clients in an increasingly technology-driven workplace.
"We are thrilled to welcome CrossKnowledge into the Regent family," said Michael Reinstein, Chairman of Regent "As businesses around the world invest in developing their people, CrossKnowledge’s innovative solutions align perfectly with our mission to drive transformative growth across our portfolio. We look forward to providing the resources and strategic support necessary to continue CrossKnowledge’s expansion and further its reputation as a pioneer in the digital learning space."
This acquisition marks a new chapter for CrossKnowledge, which has been a key part of Wiley’s portfolio, contributing to its leadership in the corporate learning sector. With a strong foundation in Europe and a growing global footprint, CrossKnowledge’s transition to Regent will focus on harnessing Regent’s operational expertise to build upon recent advancements in the company’s digital learning tools and enhance client support and success.
This acquisition by Regent LP underscores its commitment to fostering digital transformation and expanding its presence in high-growth sectors. By integrating CrossKnowledge’s capabilities, Regent is set to enhance its offerings in digital education and help meet the increasing global demand for corporate learning solutions.
About Regent LP
Regent is a global investment firm focused on acquiring businesses across diverse sectors, including retail, luxury, media, technology, automotive, and industrial.
Selected investments include DIM, Club Monaco, Escada, Nur Die, La Senza, Sassoon, Lydech, Boundless Learning, DiamondBack, Redline, DryBar, Lillian Vernon, and a media portfolio comprised of newspapers and magazines including Sunset, Defense News, Military Times and broadcaster CheddarTV. Regent is based in Beverly Hills, California. For more information, please visit www.regentlp.com
About CrossKnowledge
CrossKnowledge is a global leader in corporate digital learning, providing innovative solutions for over 20 years to help organizations develop and retain high-performing employees. With a robust catalog of digital content, advanced learning technologies, and personalized learning paths, CrossKnowledge serves thousands of clients worldwide, empowering them to achieve measurable results through effective training and development.