M&A
confidence high
sentiment positive
materiality 0.70
Skillsoft completes sale of Global Knowledge business for up to $13.4M, sharpens focus on AI-native platform
Skillsoft Corp.
- Sold Global Knowledge (instructor-led training) to Enduring Ventures affiliate for initial ~$5.4M note plus deferred $10M (less $2M liabilities) in quarterly installments.
- Pro forma continuing ops: FY2026 revenue $403.7M, net loss from continuing ops $84.4M (vs historical $512.7M revenue, $139.8M net loss including discontinued).
- Skillsoft expects to maintain strategic partnership with Global Knowledge for continued access to instructor-led training.
- CEO Ron Hovsepian says transaction removes complexity, allows full focus on AI-native skills management platform.
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Selected #5 for 2026-07-10.
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