Tag Archives: Affero Lab

EDBRIEF: Bertelsmann acquires 40% Stake in Affero Lab

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German media, services and education company Bertelsmann has acquired a 40% stake in Brazilian corporate training provider Affero Lab. The World Bank Group’s subsidiary International Finance Corporation also participated in the deal and now holds a 30% in the company.

Terms of the deal have not been disclosed, but Bertelsmann has the option to become the majority shareholder in the future.

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EDBRIEF: Brazilian EdTech Company Affero Lab to open Operations Centre in Dublin

Affero Lab, a Brazilian edtech company in the corporate training vertical, will open an overseas operations centre in Dublin, Ireland.

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