HKW expands its portfolio with e-learning solutions provider dominKnow
INDIANAPOLIS--(BUSINESS WIRE)--Dec 22, 2022--
HKW, a middle-market private equity firm focused on growth companies, has recapitalized dominKnow, Inc. (“dominKnow ” or “Company”). dominKnow provides cloud-based authoring solutions that allow enterprises to deliver e-learning content and training courses to internal and external workforces, partners, suppliers, and customers.
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Headquartered in Ottawa, Ontario, and founded in 1997, dominKnow’s software platform enables creators to create responsive content and empowers learning and development teams to collaborate, share, reuse, and publish content.
“Large enterprises have e-learning content management needs that vastly exceed the capabilities of general off-the-shelf solutions,” said Daniel Kim, Partner at HKW. “dominKnow provides a centralized solution to meet these challenges. We are excited about partnering with Luke Hickey and his team to support the Company’s continued growth.”
“HKW’s unique focus, commitment, and experienced team bring a wealth of know-how and repeated success that dominKnow needs to meet our next stage of growth,” said Luke Hickey, CEO of dominKnow. “We are so excited to have a true partner to share in our next chapter. We enter this new year with the confidence dominKnow will continue to be the disruptive innovator and quality service provider our customers expect and appreciate.”
“dominKnow fits squarely within HKW’s investment focus,” said Meelan Patel, Vice President at HKW. “The Company has a long record of successfully helping its customers create and deliver mission-critical e-learning programs. Our team looks forward to helping the Company achieve its next level of growth and beyond.”
The financial terms of the transaction were not disclosed.
For additional information on dominKnow, please visit dominknow.com.
HKW is a middle-market private equity firm investing in companies with talented management teams in the US and Canada. HKW targets companies in the Technology, Health & Wellness, and Business Services sectors. Since 1982, HKW has sponsored 68 platform transactions of middle-market companies throughout North America and 74 add-on acquisitions. For more information on HKW, please visit hkwinc.com.
Taft Stettinius & Hollister LLP (“Taft”) served as legal advisor to HKW. For information on Taft, please visit taftlaw.com. Debt financing provided by Susser Bank susserbank.com.
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KEYWORD: INDIANA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY HUMAN RESOURCES BANKING PROFESSIONAL SERVICES SOFTWARE INTERNET HARDWARE CONTINUING TRAINING EDUCATION
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PUB: 12/22/2022 09:00 AM/DISC: 12/22/2022 09:01 AM