Silverchair Learning acquired by Vista Equity Partners

Provider of interactive online education and communication systems in senior care Silverchair Learning Systems , today announced that it has been acquired by Vista Equity Partners (“Vista”), a private equity firm.

Silverchair Learning will be part of Vista’s newly formed e-learning platform, which also includes Essential Learning, a provider of interactive e-learning solutions for behavioral and community health, substance abuse, corrections, developmental disability, and child welfare organizations. The two companies will operate as separate business units.

“We are tremendously excited to acquire Silverchair Learning,” Rob Rogers, Principal and Co-Head of Vista Equity Partners Foundation Fund said in a press release. “We look forward to partnering with Silverchair Learning and Essential Learning to form an e-learning platform that will deliver best of breed solutions for their respective market segments while collaborating on a set of key growth initiatives.”

“Silverchair Learning is very pleased to become part of the Vista family and form the industry’s leading e-learning platform,” said Mike Mutka, President & COO of Silverchair Learning. “We’re incredibly excited for what the future brings for our clients and ourselves.”

Read the full release here.