Totara today announced that its owners have entered into a purchase agreement with Sydney private equity firm Five V Capital, under which Five V will acquire a majority ownership interest in Totara. The operations and management of Totara will remain unchanged with Richard Wyles continuing as Chief Executive Officer.
Totara Learn is a fully customisable LMS that enhances compliance rates, optimises training effectiveness, and boosts staff retention. Offering streamlined onboarding and personalised learning experiences at scale, Totara empowers L&D teams to reduce costs and improve efficiency. Trusted by over 1,500 customers and 21 million users globally, Totara’s adaptable architecture is tailored by our network of 75+ partners to meet complex organisational and security requirements. Totara serves midsize to enterprise organisations, as well as FedRAMP® secure government agencies.