Francisco Partners, a global investment firm focused on technology and tech-enabled firms, has acquired SAP Litmos from SAP America Inc.
Litmos is an established provider of learning management services. The firm’s leadership team will continue in similar roles as part of the new stand-alone company.
“We are tremendously excited to partner with Litmos to further unlock its growth potential and deliver even more to its customers and partners,” said Jason Brein and Christine Wang, partners at Francisco Partners. “As an independent company partnering with FP, Litmos will have more flexibility to focus all of its investments and operations on customer success and increase its customer happiness by augmenting platform capabilities, proprietary content library and third-party integrations.”