FPE's Kallidus secures RBS funding deal

Kallidus, a corporate training and education business backed by FPE Capital, has secured a new funding deal from the RBS corporate transactions team.

The value of the financing was undisclosed, but Kallidus said the capital will be used to roll-out its new cloud-based solutions.

Established in 2000, Kallidus provides learning and “talent solutions”, including a suite of SaaS learning, performance and talent management technologies, along with e-learning content.

The business employs 96 staff from its base in Cirencester in Gloucestershire and is majority owned by FPE Capital following a secondary MBO from Westbridge Capital in 2015.

In the last four years Kallidus has posted revenue and Ebitda compound growth in excess of 20 per cent and 31 per cent respectively.

Kallidus is led by chief executive Rob Caul.