MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–Traliant, a leading provider of online compliance training solutions, today announced that it has acquired Clear Law Institute, a privately held company that specializes in compliance training, investigations training, and other compliance services.
By joining forces with Clear Law Institute, Traliant aims to expand its portfolio of online compliance training courses and services, covering topics such as ethics and code of conduct, data privacy and security, harassment prevention, diversity and inclusion, and workplace safety. Clear Law Institute’s courses are designed by attorneys and subject matter experts and feature interactive scenarios to engage learners and improve knowledge retention. This acquisition continues the company’s growth trajectory, following an investment previously announced in January 2021 by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth.
“We are excited to welcome Clear Law Institute to the Traliant family,” said John Arendes, CEO of Traliant. “Clear Law Institute shares our vision of delivering quality online compliance training that helps organizations foster a positive and respectful work culture. Together, we will be able to offer our customers a broader range of courses and services to meet their evolving compliance needs.”
“Joining forces with Traliant is a great opportunity for us to leverage our experience in legal and compliance training and reach a wider audience,” said Michael Johnson, CEO of Clear Law Institute. “We look forward to working with the Traliant team to create engaging and effective online learning experiences that help organizations comply with the law and protect their reputation.”
“This acquisition is a great opportunity for PSG to partner with what we believe is another rapidly growing, leading provider of high-quality online compliance training solutions,” said Chris Andrews, Principal at PSG and member of Traliant’s Board of Directors. “In our view, Clear Law Institute’s strong suite of compliance solutions will further expand Traliant’s offering and enable both companies to better serve their customers.”
Vista Point Advisors, a San Francisco-based boutique investment bank, acted as the exclusive financial advisor to Clear Law Institute.