Shamrock Capital, a Los Angeles-based investment firm, has made an investment in Learn on Demand Systems, a provider of virtual labs used to power hands-on, experiential technology training.
“The education technology sector is a key focus area for Shamrock and one where we see tremendous tailwinds. Learn on Demand Systems is a pioneer in the technology training space, delivering comprehensive real-world learning environments to the world’s leading enterprise technology and IT training companies,” said Mike Wilkins, partner at Shamrock Capital. “As many organizations continue to operate remotely, it’s more important than ever that they have virtual environments and training systems in place that enable seamless scalability and validated outcomes. We look forward to leveraging our extensive technology expertise across industries to support Learn on Demand Systems as they continue to grow.”
“The IT space is rapidly transforming, which is requiring companies to rethink how employees, partners and customers build new skills and validate existing ones,” said Corey Hynes, CEO of Learn on Demand Systems. “Shamrock Capital has a long and impressive track record of collaborating with technology companies to grow their businesses. We look forward to partnering with them during the next phase of our growth to accelerate innovation, drive transformation, and continue delivering our leading technology and services to companies around the world.”
Cooley LLP served as legal advisor to Shamrock on the transaction. Harris Williams served as financial advisor and Foley & Lardner LLP served as legal advisor to Learn on Demand Systems on the transaction.