Bluedrop Performance Learning
Canadian e-learning and performance-learning company serving government, defence, aerospace, healthcare, and commercial clients.
Last updated August 26, 2026
AI crawler reads
No AI crawler has read this profile since Oct 28, 2026.
Overview
Bluedrop Performance Learning was a Canadian e-learning and learning-services company headquartered in St. John's, Newfoundland and Labrador. Founded in 1992 by Emad Rizkalla, the company developed customized digital courseware, learning tools, and training services for institutional, government, defence, aerospace, healthcare, and commercial customers. Its work combined instructional design, technology development, and performance-support services rather than being limited to the sale of a standardized consumer education product. The company operated through two principal business units. Its Defence and Aerospace unit produced mission-training services for international military and commercial aviation customers. This work placed the company within Canada's defence-industrial and aerospace-training ecosystem, and it was recognized through inclusion in Canada's 2011 Top 50 Defence Companies. Its other major operation, CoursePark Learning Services, developed and supported an online e-learning platform intended to provide organizations with tools for delivering and managing digital learning. Bluedrop's client work included custom e-learning courseware and learning tools for large companies and publishers such as Dell, Sony, Prentice Hall, Pfizer, ExxonMobil, and McGraw-Hill. The company also served governments, small businesses, healthcare organizations, and defence-related customers. In addition to its St. John's base, it maintained offices in Halifax, Fredericton, Ottawa, and Vancouver, giving it a presence across several Canadian technology and government centres. Reference material describes the business as employing more than 100 people during its operating period. A major corporate development occurred on January 26, 2012, when Bluedrop completed a reverse takeover transaction with Serebra Learning Corporation. The transaction was described as making Bluedrop Canada's largest full-service e-learning company. It also connected the business to the public-market structure of Serebra, although the company later ceased to be publicly traded. In April 2021, Bluedrop was purchased by Rizbollo Holdings Limited and Name 3 Capital Inc. Following the acquisition, its shares were delisted from the TSX Venture Exchange. The company subsequently became associated with the name Bluedrop ISM, while the Wikipedia subject and the historical brand identity are known as Bluedrop Performance Learning. Because the available reference material provides limited information about post-acquisition operations, current product releases, and present-day corporate structure, those areas require further verification.
History
Bluedrop Performance Learning was established in 1992 in Newfoundland and Labrador, Canada, by Emad Rizkalla, who served as the company's president and chief executive officer. From its origin, the company focused on the intersection of learning content, technology, and measurable workplace performance. Its business model emphasized customized learning programs and services for organizations rather than a mass-market educational subscription or consumer software product. Over time, Bluedrop developed capabilities in custom courseware production and learning-tool development. Its customer base included public-sector organizations, governments, defence and aerospace organizations, healthcare entities, small businesses, and large commercial companies. The company developed e-learning materials and tools for organizations including Dell, Sony, Prentice Hall, Pfizer, ExxonMobil, and McGraw-Hill. These engagements indicate a focus on enterprise and institutional learning requirements, where course content, delivery systems, and operational context could be tailored to a client's needs. Bluedrop organized its activities into two principal units. The Defence and Aerospace unit supplied mission-training services for international military and commercial aviation customers. This unit addressed specialized training requirements associated with defence and aviation operations and contributed to the company's recognition in Canada's 2011 Top 50 Defence Companies. The CoursePark Learning Services unit developed an online e-learning platform and related services, extending the company's activities from bespoke course production into technology-supported learning delivery. The company maintained its headquarters in St. John's and established offices in Halifax, Fredericton, Ottawa, and Vancouver. This geographic footprint placed it near Canadian government, defence, technology, and business markets. Reference material states that Bluedrop employed more than 100 people and had become a significant Canadian provider of integrated e-learning services. On January 26, 2012, Bluedrop completed a reverse takeover transaction with Serebra Learning Corporation. The transaction represented a significant corporate and capital-markets milestone and was described as making Bluedrop Canada's largest full-service e-learning company. The deal gave Bluedrop a connection to Serebra's public-company structure and supported the expansion of its integrated learning-services model. The company's ownership changed again in April 2021, when Rizbollo Holdings Limited and Name 3 Capital Inc. purchased the business. The transaction resulted in the delisting of Bluedrop's stock from the TSX Venture Exchange. Following the acquisition, the business became associated with the name Bluedrop ISM, while Bluedrop Performance Learning remains the historical and encyclopedic name for the company described here. Publicly available reference material does not establish a complete account of the company's post-2021 operating structure, current executive team, present product portfolio, or current geographic footprint. Accordingly, the historical business lines and ownership transition are documented here, while unverified details about its current activities are left open for further research.
- 2021
Acquisition and stock-market delisting
[1]Rizbollo Holdings Limited and Name 3 Capital Inc. purchased Bluedrop in April 2021, after which the company's stock was delisted from the TSX Venture Exchange.
- 2012
Reverse takeover of Serebra Learning Corporation completed
[1]Bluedrop completed a reverse takeover transaction with Serebra Learning Corporation on January 26, 2012.
- 2011
Included among Canada's Top 50 Defence Companies
[1]Bluedrop was listed among Canada's Top 50 Defence Companies, reflecting the role of its Defence and Aerospace unit in mission-training services.
- 1992
Company founded
[1]Emad Rizkalla founded Bluedrop Performance Learning in Canada, establishing a business focused on e-learning, custom courseware, and learning services.
Products and positioning
A Canadian full-service e-learning and performance-learning provider combining custom digital courseware, online learning technology, and specialized training services for institutional and mission-critical customers.
Online learning platform
CoursePark Learning Services
CoursePark Learning Services was Bluedrop's online-learning business unit. It developed an e-learning platform and associated services for organizations seeking to deliver and manage digital learning. The available reference material identifies the unit as a core part of Bluedrop's full-service model, but does not provide enough verified detail to specify individual editions, technical architecture, pricing, or current availability.
Defence and aerospace training
Defence and Aerospace mission-training services
Bluedrop's Defence and Aerospace unit produced mission-training services for international military and commercial aviation customers. These services formed the company's specialized training offering and supported operational learning requirements in defence and aviation contexts. The unit's prominence was reflected in Bluedrop's inclusion in Canada's 2011 Top 50 Defence Companies.
Custom digital learning content
Custom e-learning courseware
Bluedrop created customized digital courseware and learning tools for government, defence, aerospace, healthcare, small-business, publishing, and commercial customers. Its client work included organizations such as Dell, Sony, Prentice Hall, Pfizer, ExxonMobil, and McGraw-Hill. The offering was tailored to client-specific instructional and performance requirements rather than presented as a single standardized consumer product.
Brand decisions
2021
Accepted acquisition by Rizbollo Holdings and Name 3 CapitalM&ABackground
Bluedrop underwent a change in ownership after operating as a company whose stock traded on the TSX Venture Exchange.
Action taken
Rizbollo Holdings Limited and Name 3 Capital Inc. purchased the company in April 2021.
Aftermath
Bluedrop's stock was delisted from the TSX Venture Exchange, and the business became associated with the name Bluedrop ISM.
2012
Completed reverse takeover of Serebra Learning CorporationM&ABackground
Bluedrop pursued a transaction with Serebra Learning Corporation as part of its corporate expansion and public-market development.
Action taken
The reverse takeover was completed on January 26, 2012.
Aftermath
The transaction was described as making Bluedrop Canada's largest full-service e-learning company.
Recent events
- 2021
Bluedrop is acquired and delisted from the TSX Venture Exchange[1]
M&A · Other
Rizbollo Holdings Limited and Name 3 Capital Inc. purchased Bluedrop in April 2021. The company's stock was subsequently delisted from the TSX Venture Exchange.
- 2012
Bluedrop completes reverse takeover of Serebra Learning Corporation[1]
M&A
Bluedrop Performance Learning completed a reverse takeover transaction with Serebra Learning Corporation on January 26, 2012. The transaction was described as making Bluedrop Canada's largest full-service e-learning company.
Sources3 sources
Cite this profile: Cite the canonical profile. /brand-wiki/bluedrop-performance-learning · Editorial policy · How profiles are compiled