Docebo Expands APAC Presence With Acquisition of Skillslive
January 24 2022 - 7:10AM
Business Wire
The acquisition of its VAR partner will
accelerate the company’s growth in a key geographic location
Docebo Inc. (NASDAQ:DCBO; TSX:DCBO) (“Docebo” or the
“Company”), a leading artificial intelligence (AI)-powered
learning suite provider, today announced it has acquired
Skillslive, an educational consulting agency, located in Melbourne,
Australia, that takes a collaborative approach to align learning
pathways with professional development, competencies, compliance,
certification, and accreditation. The acquisition of Skillslive
will contribute to the expansion of Docebo’s footprint in Australia
and accelerate time-to-market by immediately adding specialized
talent and infrastructure in the Asia-Pacific (“APAC”)
region.
Building from the Company’s strong and growing presence in North
America and Europe, local expansion into Australia represents the
Company’s next step in a larger strategy to better serve current
customers and accelerate its commercial success in the APAC
region.
“Skillslive’s exceptionally talented local team was already
familiar with our products and proved to be the perfect match for
Docebo’s culture and strategic goals,” said Martino Bagini, Chief
Corporate Development Officer. “The Skillslive acquisition enables
us to be closer to our APAC customers to better drive them to
success, from providing better services to gathering feedback from
our regional enterprise customer base.”
“We are beyond excited to join the Docebo team and bring our
local expertise to the growing APAC market,” said Gavin Russell,
Co-Founder of Skillslive. “Docebo customers will benefit from our
team’s strategic insight, as well as technical and tactical
know-how to maximize their learning initiatives and improve their
business performance.”
Gavin Russell’s new role will be Regional Leader, APAC,
reporting to Alessio Artuffo, President & Chief Revenue
Officer.
Learn More
About Docebo
Docebo is redefining the way enterprises leverage technology to
create and manage content, deliver training, and understand the
business impact of their learning experiences. With Docebo’s
multi-product learning suite, enterprises around the world are
equipped to tackle any learning challenge and create a true
learning culture within their organization.
About Skillslive:
Skillslive is an educational consulting agency that offers
organizations a complementary blend of professional services
combined with the latest learning technologies.
Forward-Looking Information
This news release may contain “forward-looking information” and
“forward-looking statements” (collectively, “forward-looking
information”) within the meaning of applicable securities laws,
including, without limitation, statements regarding the impact that
the acquisition of Skillslive is expected to have on the Company
and that the acquisition will expand the Company’s market
Presence.
This forward-looking information is based on our opinions,
estimates and assumptions that, while considered by the Company to
be appropriate and reasonable as of the date of this press release,
are subject to known and unknown risks, uncertainties, assumptions
and other factors that may cause the actual results, level of
activity, performance or achievements to be materially different
from those expressed or implied by such forward-looking
information, including but not limited to, risks that the acquired
business will not perform as expected, the Company will not be able
to successfully integrate the acquired business and those factors
discussed in greater detail under the “Risk Factors” section in our
Annual Information Form, available under our profile on SEDAR at
www.sedar.com, and should be considered carefully by prospective
Investors.
If any of these risks or uncertainties materialize, or if the
opinions, estimates or assumptions underlying the forward-looking
information prove incorrect, actual results or future events might
vary materially from those anticipated in the forward-looking
information. Although we have attempted to identify important risk
factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other
risk factors not presently known to us or that we presently believe
are not material that could also cause actual results or future
events to differ materially from those expressed in such
forward-looking information. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
information. No forward-looking statement is a guarantee of future
results. Accordingly, you should not place undue reliance on
forward-looking information, which speaks only as of the date made.
The forward-looking information contained in this press release
represents our expectations as of the date specified herein, and
are subject to change after such date. However, we disclaim any
intention or obligation or undertaking to update or revise any
forward-looking information whether as a result of new information,
future events or otherwise, except as required under applicable
securities laws.
All of the forward-looking information contained in this press
release is expressly qualified by the foregoing cautionary
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20220124005115/en/
Ronda Morra Global Director, PR & Communications
ronda.morra@docebo.com 781-589-7226 Dennis Fong Investor Relations
investors@docebo.com 416-283-9930
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