LRN Corporation (LRN), the leader in ethics and compliance solutions that enable organizations to inspire principled performance, announced that it has acquired the Compliance Learning business unit (“Compliance Learning”) from Thomson Reuters, further enhancing LRN’s global reach, solution offerings and international client base.
With the acquisition of Compliance Learning, LRN has further established its position as the largest global provider of ethics and compliance program management and learning solutions serving over 2,500 companies and tens of millions of learners. LRN now operates across every continent, including a larger strategic presence in Asia-Pacific markets such as Singapore, Japan, Hong Kong, and Australia. This acquisition substantially enhances LRN’s capabilities and expertise in the financial services marketplace and will serve to accelerate several of its vertical market product strategies, the statement said.
Together, this powerful network provides all clients with behavioural data that can illuminate where their organizations have the most potential in using culture as the ultimate elevator of performance. The newly combined offering provides unmatched breadth and depth of training resources and E&C program guidance – on issues ranging from data protection and privacy to anti-money laundering and business ethics – giving businesses confidence that ethical foundations, compliance knowledge, and understanding are embedded across their organisations, according to the statement.
The acquisition is the latest significant step forward for LRN, after a major strategic investment by Leeds Equity Partners. It follows LRN’s acquisition of Interactive Services, which cemented LRN’s presence in Europe and broadened its custom content capabilities in ethics and compliance and many other corporate functions.
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