Press release

Date: May 10, 2017

 

Procurement and Supply Chain Academy (PA & SCA) teams up with Fin.Co as a further sign that technology is disrupting the corporate learning market

 

Since PA and SCA started focusing on corporate learning market, they have disrupted the market through many of their innovations (first to propose role based learning, first in application based e-learning, largest catalog in the market, fastest set-up of academies, first in assessments, first commercial company to be externally audited & globally accredited, first with simulations, first with application based virtual classes, and more in the pipeline).

While PA & SCA quickly have become the reference for digital learning, we have done so while managing to grow profitably. Growing profitably is important to us and to our customers – mostly blue chip companies who value long-term relationships. To continue our global leadership ambitions and to support us during the transition from a small start-up to a mid-size company, we have listened to offers from potential investors. Those discussions came to fruition on March 31 with the finalization of an investment in our business. Fin.Co (www.finco.be) – a private equity company – is an independent provider of funding for growth. We have chosen Fin.Co not only for their expertise, but also because the management team of PA & SCA will remain at the steering wheel, which was important to us. The investment of Fin.Co means we now have a partner that will provide strategic guidance and that we will invest in a third vertical – the Sales Academy. This is another exciting market, a vertical we believe is closely related to our existing verticals and will benefit our existing as well as new customers.

The fact that multiple investors were interested and that the investor we chose is of such high quality is a great sign for the future of our business. It is a great time to both work at and be a customer of Procurement, Supply Chain, and Sales Academy (in the near future). If you have questions, please feel free to speak to David Rajakovich – managing partner – at david.rajakovich@procurement-academy.com.

 

We are hiring: sales director USA, business development manager USA, sales director Dubai, sales director China.