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DTE Corporate Finance advise on another deal.

09 March 2016

DTE are pleased to announce that they have advised North West based GP Strategies Training Limited on the acquisition of London based Jencal Training and its subsidiary B2B Engage.

The Stockport-headquartered firm, which is a wholly-owned subsidiary of US-based GP Strategies Corporation, made the acquisition for an undisclosed sum.

Jencal Training is an apprenticeship training agency, while B2B Engage is a learning provider with offices in Berkshire and Greenwich.

Scott Greenberg, Chief Executive Officer of GP Strategies, stated, “This acquisition further expands our capabilities in England, helping people and businesses to access the skills training they need to succeed. The acquisition increases GP Strategies’ 2015-2016 maximum UK government funded contract values to $28 million per year and further strengthens GP Strategies’ position as a major provider of Skills Training in the UK.”

Stephen Moorcroft of DTE Corporate Finance, 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.”

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