Global managed hosting provider Liquid Web acquired LearnDash, a learning management system (LMS) plugin for WordPress. The financial terms of this acquisition were not disclosed.
The Liquid Web Family of Brands provides managed hosting, digital commerce cloud, and WordPress solutions to SMBs. It manages over 500,000 websites, with over 125,000 software subscriptions and 2 million free software users.
LearnDash is a WordPress-based LMS built by e-learning specialists. Its LearnDash plugin brings cutting-edge e-learning to WordPress. In turn, it helps entrepreneurs, bloggers, start-ups, and SMBs worldwide to fuel their learning programs.
With its latest acquisition, the Liquid Web Family of Brands will further extend its commitment to leading the market in the WordPress and WooCommerce arena. It will now offer innovative software solutions for online businesses and the designer and development teams behind them.
Chris Lema, who serves the role of VP of Products at Liquid Web, had this to say:
Everyone knows LearnDash as the leader of online learning in the WordPress ecosystem. We are excited to welcome them to the Liquid Web family as we continue to build our strength in the digital commerce ecosystem. LearnDash takes us deeper into the digital commerce space by offering online educators the best tools to create online courses, quizzes, and dynamic content with built-in marketing and eCommerce features. We believe in their brand, and we know that with our backing, they will continue to deliver the online solutions educators need.
The LearnDash plugin business will join the Liquid Web Family under the StellarWP brand, the umbrella for the company’s premium WordPress software solutions. It already includes many WordPress brands, such as iThemes, The Events Calendar, Iconic, Kadence WP, GiveWP, and Restrict Content Pro.
We have some Stellar News! @LearnDashLMS is now part of the StellarWP family! We're excited to welcome the team to our family of brands, and look forward to sharing all the amazing things that LearnDash contributes to the community. Welcome to the family!https://t.co/2pS2ItGcr5
— StellarWP (@stellarwp) September 20, 2021
Liquid Web expects the LMS industry to increase by over $30 billion by 2028 due to the COVID-19 crisis. StellarWP has now entered this lucrative niche due to the acquisition.
Still, LearnDash will remain an independent brand within StellarWP. All existing and new clients will continue getting the same service. While Justin Ferriman will stay as a consultant within the new entity, Chris Lema will take over the General Manager position of LearnDash.
Justin Ferriman, who serves the roles of CEO and co-founder at LearnDash, had this to say:
We’re excited to have LearnDash join StellarWP to continue our mission to power learning programs. We are confident that the strength and leadership Liquid Web provides will ensure LearnDash remains the leading online LMS solution for WordPress for many years to come.
Angle Advisors acted as financial advisors to LearnDash during the acquisition.