TicTac Interactive was acquired by Bridgepoint.

TicTac Interactive, a Malmö, Sweden-based SAAS developer of corporate learning solutions, announced that it was acquired by the British investors from Bridgepoint Development Capital.

Financial details were not disclosed. The deal involves secondary transactions and capital raise which will be used for operational growth. Post deal, the British investors will control 60% of the company.

TicTac Interactive, founded in 1999 and acquired by CEO Carolina Faxe in 2009, provides corporate e-learning solutions to 500+ Enterprise and mid-sized corporates in the Nordics across a range of end markets. The company claims it is a leading provider in Sweden, as it provides their customers with a complete learning & development (L&D) solution which includes leading SaaS platforms (LMS, LXP) within learning, content tools and content creation services.