Hill Dickinson and DTE Corporate Finance advise GP strategies on acquisition
GP Strategies Training Limited, the Bredbury-based improvement solutions and learning provider, has acquired Jencal Training and its subsidiary B2B Engage.
Manchester’s Hill Dickinson acted on behalf of GP Strategies, a wholly owned subsidiary of NYSE-listed US parent company GP Strategies Corporation (GPX) with a team led by Jonathan Gillow, Ian Riggs and Sean Lightfoot. Andy Humphrey and Stephen Moorcroft of DTE provided corporate finance advice.
Jencal Training is an SFA approved Apprenticeship Training Agency (ATA) that provides a mechanism for employing apprentices. B2B Engage is a national independent learning provider with offices in Greenwich and Berkshire and has a particular focus on London and the South East.
Scott Greenberg, CEO of GP Strategies, said: “This acquisition further expands our capabilities, helping people and businesses to access the skills training they need to succeed. It strengthens our position as a major provider of skills training in the UK.”
Stephen Moorcroft of DTE commented: “We are delighted to have worked with GP on identifying and advising on the acquisition of Jencal. The purchase further allows GP to meet its strategy and expand its operational capabilities in London and the South East.”