Totara recently announced that its owners have entered into a purchase agreement with Five V Capital, a Sydney private equity firm. The agreement allows Five V to acquire a majority ownership interest in Totara. The operations and management of Totara will remain the same with Richard Wyles continuing as the chief executive officer.
Totara aims to enhance employee engagement and performance technologies. Its goal is to allow large multinational corporations, government agencies, and mid-market companies to deliver elite talent and workplace experiences.
Although the majority of the global workforce has been impacted by COVID-19, the very nature of today’s average workplace environment has caused corporations to adapt to new work practices.
Be that as it may, Totara is n…