Performance Development Group | October 05, 2021
Performance Development Group (PDG), a leading innovator and learning solution provider for large global corporations, today announced it has been named a Top eLearning Content Development Company by eLearning Industry.
Winning this award is a huge honor for our team, Now, more than ever, PDG is committed to providing quality content through innovative digital and traditional approaches based on our clients' rapidly changing needs.
David Manning, Managing Partner, Performance Development Group
This award recognizes Performance Development Group's economic growth potential, social responsibility, innovation in the learning industry, quality of eLearning Content Delivery, and expertise in learning solutions.
The eLearning Industry Top eLearning Content Development companies for 2022 awards can be found here.
About eLearning Industry
eLearning Industry is a network-based media and publishing company founded in 2012. Comprising the largest online community of e-learning professionals in the industry, it was created as a knowledge-sharing platform to help e-learning professionals and instructional designers connect in a safe online community where they can stay up-to-date with the latest industry news and technologies, and find projects or jobs.
About Performance Development Group
Performance Development Group (PDG) is a leading innovator in providing training services and technologies in the training and development industry. PDG drives measurable business results that matter to your organization. Using proven frameworks, PDG integrates performance improvement by getting the job done. Performance Development Group strives to make your people better so they can make your business better.
Nerdy | September 24, 2021
Nerdy, a leading platform for delivering live online learning, today announced that it has completed its business combination with TPG Pace Tech Opportunities a publicly traded special purpose acquisition company. The Business Combination was approved on September 14, 2021 by TPG Pace Tech Opportunities’ stockholders. Beginning September 21, 2021, Nerdy common stock and warrants will trade on the New York Stock Exchange under the ticker symbols “NRDY” and “NRDY WS”, respectively.
Nerdy has an ambitious mission to transform how people learn, and this transaction sets us up to accelerate the growth of live online learning at a pivotal moment when students and schools across the country need immense support. Our entry into the public market represents an important milestone for the Company and provides the resources necessary to go after the massive and growing opportunity in front of us. I want to recognize the dedication of the entire Nerdy team and could not be prouder of what we have achieved thus far. We’re just getting started and have an exceptional team in place to drive the next chapters of growth for our organization
Chuck Cohn, Founder, Chairman and CEO of Nerdy
Greg Mrva, President of TPG Pace Tech Opportunities, said, “We were attracted to Nerdy for its proven business model, strong leadership team, and ability to deliver live personalized learning at scale for learners of all ages and across thousands of subjects. With these attributes in place, Nerdy has delivered on growth in 2021 through core 1:1 and multi-format instruction and has recently added a direct to school initiative which provides a new driver of growth into 2022. We are excited to move forward as one organization and continue to partner with Chuck and the management team, helping Nerdy strengthen and grow its position in the industry.”
Goldman Sachs & Co. LLC acted as exclusive financial advisor to Nerdy. Deutsche Bank Securities Inc. acted as financial advisors, capital markets advisors, FPA and PIPE placement agents to TPG Pace Tech Opportunities. J.P. Morgan Securities LLC and Barclays Capital Inc. acted as capital markets advisors, FPA and PIPE placement agents to TPG Pace Tech Opportunities. Northland Capital Markets and Siebert Williams Shank acted as capital market advisors and FPA Placement Agents to TPG Pace Tech Opportunities. TPG Capital BD, LLC, Canaccord Genuity, JMP Securities LLC, Needham & Company and Raymond James & Associates, Inc., acted as capital market advisors to TPG Pace Tech Opportunities. Goodwin Procter LLP acted as the legal advisor to Nerdy and Vinson & Elkins L.L.P. acted as the legal advisor to TPG Pace Tech Opportunities.
Nerdy is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formats—including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Nerdy’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions.
TPG is a leading global alternative asset firm founded in 1992 with $108 billion of assets under management and offices in Beijing, Fort Worth, Hong Kong, London, Luxembourg, Melbourne, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C. TPG's investment platforms are across a wide range of asset classes, including private equity, growth equity, impact investing, real estate, secondaries, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.
Endurance Learning | August 17, 2021
Endurance Learning has launched a new website going in-depth into 51 Elements of Amazing Learning Experiences, as defined in Brian Washburn's book, What's Your Formula?: Combine Learning Elements for Impactful Training. The companion website lets anyone in the Learning & Development field dig deeper into all 51 elements and find more resources to learn and explore.
"When Brian came to me with his first draft of the book, I almost immediately thought about how valuable this information could be in a free resource on the web," said Tim Waxenfelter, COO and co-founder of Endurance Learning. "Our hope is that the elements and formula analogies help trainers to more easily visualize strategies which they can apply immediately to their learning programs."
From critical gas-like elements like the air we breathe, present in every training room (think instructional design or visual design), to radioactive elements, powerful and dangerous yet commonly used (think PowerPoint), the new site lets every learning and development professional explore the elements and how they interact. Whether you're an experienced learning designer or new to the field, this website, and the book that inspired it, was created to help you find inspiration for your next training program.
"I'm incredibly proud of the book and believe that readers will and should want more from it once they finish. If we're trying to innovate and create a more powerful learning experience, experimenting is going to be part of that process. 51elementsoflearning.com was built to support professionals as they try new approaches to learning." said Brian Washburn, CEO and co-founder of Endurance Learning.
About Endurance Learning
Endurance Learning was founded by instructional designers with a deep background in adult learning. Endurance Learning has leveraged its experience developing custom in-person, virtual and elearning to create Soapbox. Above all else, Endurance Learning believes that every learning experience should be engaging and lead to sustainable change.