Project Description

HMT advised Beringea LLC on their $5 million investment in Skills Matter Limited.

Skills Matter Limited, based in London, was established in 2003 and has grown to become Europe’s largest provider of open source and agile training and events for the worldwide software developer community. This new funding will be used to provide even more opportunities for its community to collaborate with the world’s top technology experts through expert talks, meet-ups, training courses and hackathons. In addition, they will now be able to offer work and collaboration space to their 35,000 strong community of innovative technology and software developers.

The investment team was led by Trevor Hope (Chief Investment Officer) and adds to Beringea’s existing sizeable media portfolio.

Trevor Hope commented:

“I am very proud of our investment in Skills Matter. Advanced software skills are and will continue to be key to ensure that the UK is globally competitive. Skills Matter’s approach to sharing skills, training and collaboration is at the heart of software innovation and opportunity. Wendy is an outstanding CEO and her commitment to developing Skills Matter has allowed her to grow a highly engaged community and strong relationships with leading technologists and innovative software companies around the world. With our help we are hoping to further establish Skills Matter as the place to be for software innovation in Europe.

I would like to thank HMT for their professionalism throughout the assignment. The team quickly understood the business dynamics and took a practical approach to the transaction.”