Categories: General

Australian Financial Review: ELMO Talent Management hires Blackpeak Capital to consider IPO

Cloud-based human resources company ELMO has hired boutique adviser Blackpeak Capital to consider capital raising initiatives, including an initial public offering.

As revealed by Street Talk on Wednesday, fast-growing ELMO, which snapped up e-learning provider Techniworks Action Learning last month, may seek to raise $40 million. It plans to expand into the United States within the next 12 months.

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