Classera acquires Expert Solutions for Information Technology to expand e-learning services in emerging markets

Classera, the leading company in the field of e-learning in the region, has acquired Experts Solutions for Information Technology, the prominent company specializing in ERP systems for education in the Middle East with over twenty years of experience.

The signing ceremony took place during the largest technology conference in the world, “LEAP 2024,” held in Riyadh, in the presence of Mr. Ibrahim Al-Nasser, Deputy Minister of Jobs and Future Skills.

This agreement is part of Classera’s ambitious plan to expand globally into emerging markets and provide a comprehensive and integrated environment for educational and training institutions.

It reaffirms Classera’s position as a leader in e-learning in emerging markets worldwide.

Currently serving over 40 countries worldwide in the education and training sector, Classera aims to provide a comprehensive technological environment to help educational and training institutions realize their full potential through the modern education and technology platform, “LSP.”

Through integration with Classera, educational institutions will be able to manage all their financial and administrative operations smoothly and seamlessly, including human resources, logistics services, exam management, student admissions systems, sales, purchases, and inventory tracking, all fully integrated with the educational system provided by Classera.

Classera was founded by Saudi entrepreneurs in Silicon Valley and focused on global emerging markets with leading entities in the Saudi Unicorn Program.

Thanks to its successful journey, it attracted investments from Sanabil Investments, the subsidiary of the Saudi Public Investment Fund, and a group of global funds in Classera.

The leading e-learning company has won advanced international awards in educational technology and holds the largest market share in the Middle East.

Mohammed Al-Mudni, Founder and Chairman of Classera, expressed his pleasure, saying: “We are delighted to announce this strategic acquisition, which represents a golden opportunity to strengthen our leadership in digital education and provide quality through integrated technology solutions.

Our focus is to meet the needs of various education and training sectors under one umbrella, the global education platform LSP.”

Al-Mudni added: “We reaffirm our commitment to supporting and developing educational and training capabilities in the Kingdom of Saudi Arabia, contributing to supporting the national economy, and actively participating in achieving the goals of Vision 2030 for the Kingdom of Saudi Arabia.”

Similarly, Adi Bin Mohammed Al-Juhani, Chairman of the Board of Experts Solutions for Information Technology, expressed his satisfaction, saying: “We are pleased with what Classera’s acquisition of Experts Solutions for Information Technology represents.

With a range of leading digital solutions, we look forward to expanding within and outside the Kingdom. Additionally, as a Saudi national company, we are committed to enhancing the development of educational institutions in various fields.”

Al-Juhani added: “This acquisition allows us to merge with a global company that is the largest in the region, supported by major global funds, to enhance our services and solutions and support customers worldwide.

All of this aligns with Vision 2030 and our goals to expand into new geographic areas and benefit from Classera’s solutions in many countries around the world.”

Classera’s new acquisition confirms the growth of the educational technology sector in the Middle East, especially in the Kingdom of Saudi Arabia.

It offers unparalleled opportunities for institutions, investors, and entrepreneurs within this important and complex sector, promising a bright future for the national economy and the educational and training landscape in the Kingdom.