MPSi boosts stake in Liberate group, strengthens learning solutions

MPS Interactive Systems Limited (MPSi), a material subsidiary of MPS Limited, has acquired an additional 17.50% stake in Liberate Learning Pty Ltd and App-eLearn Pty Ltd. This transaction increases MPSi's shareholding in both Australian entities from 65.00% to 82.50%. The acquisition aligns with MPSi’s strategic objective to expand its presence in the fast-growing corporate learning market, particularly in the APAC region.

The remaining 17.50% shareholding in Liberate Learning Pty Ltd and App-eLearn Pty Ltd, along with a 35% stake in Liberate eLearning Pty Ltd, is slated for completion in the near term. The Liberate Group, established in 2010, provides digital and blended learning solutions and reported a revenue of INR 42.09 Crores for the financial year ended 30 June 2025.

The additional shares were acquired for AUD 255.80 per share for Liberate Learning Pty Ltd and AUD 0.03 per share for App-eLearn Pty Ltd, paid via cash consideration. This acquisition does not involve related party transactions, and no promoters or promoter group entities have an interest in the acquired entities.