LONDON — June 3, 2021 — Sponge Group is delighted to announce the appointment of its new Chief Executive Officer, Adam Poulter.
Adam’s remit is to create an integrated portfolio of international eLearning services, initially from the four strategic investments in digital learning that Aliter Capital has made in the last two years. The focus will be on consolidating and expanding a domestic position in the UK while developing the businesses’ footprint in Europe and the USA.
Adam brings a wealth of international expertise from a career in private equity backed media-tech and SaaS businesses including platform buy-and-build.
Adam Poulter said: “eLearning markets have shown remarkable COVID resilience and Sponge’s growth has been particularly impressive. With a strong reputation, a highly valued brand, and global clients in pharmaceutical, tech and emerging FinPro, the business’ foundations are well set for further expansion.
“The emergence of business to hybrid, remote and agile offices are new corporate demands. Trusted partners to deliver compliance, upskill, onboarding, career progression and learning development are now Board’s priorities.
“I see Sponge’s ability to tailor or self-serve these new business needs, with eLearning as a fundamental tool for motivating, inspiring and creating sustainable career progression, as the corporate promise we make to our partners”.
Billy Allan, Aliter Founding Partner and Chairman said: “We’re delighted to have Adam join the Board and lead the Sponge Group. This appointment follows a very successful deal origination focus resulting in the acquisition of Sponge, Bolt Learning, Skill Pill, and Idox Compliance, into the newly formed Sponge Group.
“With a strong pipeline of new business, a very solid balance sheet and Adam’s proven track record, the organization is well placed to achieve its strategic goals.”
Sponge is a world-leading digital learning provider, on a mission to reimagine learning experiences. They deliver top-notch workplace training for some of the largest brands across the globe.
The company uses creativity, learning science and technology to create powerful, effective and comprehensive digital learning solutions across multiple sectors and industries including pharmaceutical, retail, technology, automotive, manufacturing and engineering, finance, professional services and FMCG.
Sponge Group offers consultancy, bespoke digital learning, cutting-edge learning technology and ready-to-go eLearning courses. Their digital learning is used in more than 124 countries worldwide.