Advanced extends its learning solutions with the acquisition of PICS
30th June 2022 – British software and services provider Advanced has today announced the acquisition of Pellcomp (Trinity Software Ltd.), providers of a market leading Case Management System (CMS) and Learning Management System (LMS) to 500 UK training and employability providers. Pellcomp’s PICS platform supports the end-to-end onboarding, employer engagement, administration, delivery and management of ESFA funded and commercially delivered learning programs and provides case management for Department of Work and Pensions (DWP) employability contracts.
According to market predictions the UK edtech market reached £3.4bn in 2021 and the expected growth rate over the next two years is predicted to be 29%.
This deal follows the recent acquisitions of digital learning provider, Smart Apprentices and functional skills provider, bksb, and will see Advanced Education further extend its breadth of solutions expand into the education sector supporting the rapid acceleration of digital learning that prioritise the learner experience for colleges, employers and private training providers.
Gordon Wilson, CEO of Advanced comments: “We are currently seeing a rapid adoption of digital learning models with learners increasingly seeing them as more convenient and valuable compared to traditional classroom learning. This combined with personalised learning, collaborative models and a growth in gamification is transforming the sector. Skills and training providers are seeking out technology solutions to gain greater control and transparency of their learners’ progress and attainment as well as looking for tighter budgetary, funding and compliance management. This acquisition will enable Advanced Education to offer a full 360 degree learning and skills platform giving employers, colleges and private training providers an intuitive learning and skills management solution.”
Commenting on the acquisition, Martin Robson, Managing Director, Pellcomp said:
“We are thrilled to be joining the Advanced Family at this very exciting and transformational stage in both our growth as a business but also in the education sector. We see a huge opportunity for edtech in supporting and improving learner attainment for employers, colleges and private training providers. Working with Advanced will enable us to grow and enhance our already leading LMS platform by integrating it with Advanced’s existing solutions driving efficiency and quality for training providers, employers and colleges alike.”
The acquisition reinforces Advanced’s ambition and determined growth trajectory to become the UK’s best software and services provider.