Taylor Wessing has advised AppLearn, the global specialists in Digital Adoption Solutions, on its investment by K1 Investment Management (K1), a leading investment firm focusing on high-growth enterprise software companies.
K1’s investment will enable AppLearn to grow its global presence and develop its product suite, known as ADOPT.
ADOPT is an AI-powered Digital Adoption Solution that helps world-leading organizations to optimize their investments in digital transformation.
Commenting on the deal, Mike Turner, Partner and International Head of Technology, Media and Communications at Taylor Wessing, said: “We have expertise in advising tech companies throughout their lifecycle and here we have been able to help AppLearn realise the next stage of its ambitions. AppLearn has a vision to transform workplaces through technology. We share this vision of transformation of markets through cutting-edge technology and we are privileged to bring our depth of experience to bear for AppLearn."
Mark Barlow, CEO of AppLearn added: "The investment by K1 is a big step forward which will fuel the delivery of our product roadmap, as well as support further investments in sales and marketing globally. We would like to thank Mike and the rest of the team for the excellent support they provided – it's undeniably a better deal thanks to their efforts."
The team was led by partners Mike Turner (Corporate) and Alexandra Richardson (Corporate) with support from associate Rebecca Le Flufy (Corporate). Partner and Head of the Employment, Pensions and Mobility group, Paul Callaghan provided employment advice.