Bluedrop Performance Learning Explained

Bluedrop ISM
Type:Private (since 2021)
Public (prior to 2021)
Industry:E-learning
Founder:Emad Rizkalla
Location:18 Prescott Street

A1C 3S4
Area Served:Worldwide
Subsid:Bluedrop Training & Simulation Inc.
Bluedrop ISM
Num Employees:130[1]

Bluedrop ISM (formerly Bluedrop Performance Learning) is an e-learning company based in St. John's, Newfoundland and Labrador, Canada.

The company, founded in 1992 by President and CEO Emad Rizkalla, provides custom courseware and learning solutions for defence and aerospace, healthcare, small businesses and governments. Bluedrop Performance Learning has offices in Halifax, Fredericton, Ottawa, and Vancouver.[2] The company currently employs more than 100 people and has developed e-learning courseware and learning tools for clients such as Dell Inc., Sony, Prentice Hall Inc., Pfizer, ExxonMobil and McGraw-Hill.[3]

Bluedrop has two business units; The Defence and Aerospace (DA) Unit and the CoursePark Learning Services (CLS) Unit. Its DA unit produces mission training solutions for international military and commercial aviation clientele. Work in this unit has seen Bluedrop listed in Canada's 2011 Top 50 Defence Companies.[4] Bluedrop's CLS is the developer of an online e-learning platform.[5]

On January 26, 2012, the company completed a reverse takeover transaction with Serebra Learning Corporation.[6] Completion of this transaction makes Bluedrop Canada's largest full service eLearning company.[7]

The company was purchased by Rizbollo Holdings Limited and Name 3 Capital Inc. in April 2021 with its stock being delisted from the TSX Venture Exchange.[8]

Notes and References

  1. Web site: Canadian Company Capabilities. Industry Canada. 28 January 2012.
  2. Web site: Canadian Company Capabilities. Industry Canada. 28 January 2012.
  3. Web site: Atlantic Canada Opportunities Agency. 11 February 2012.
  4. Web site: Canadian Defence Review's 2011 TOP 50 Defence Companies. 11 February 2012. dead. https://web.archive.org/web/20120331092659/http://www.canadiandefencereview.com/new_item_en_en_298cms.htm. 31 March 2012.
  5. Web site: Canadian Company Capabilities. Industry Canada. 28 January 2012.
  6. Web site: Bluedrop to Trade on TSX Venture Following Serebra RTO. https://archive.today/20120713040608/http://news.techfinance.ca/bluedrop-to-trade-on-tsx-venture-following-serebra-rto/. dead. 13 July 2012. TechFinance. TechNews. 28 January 2012.
  7. Web site: NATI Releases. 11 February 2012.
  8. BPLI Holdings Inc. Completes Going-Private Transaction. April 16, 2021. Business Wire.