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New Deal


Announced

Riverside-backed Mintra Group to acquire Atlas Knowledge from HG Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

digital learning

Merger

Acquisition

Single Bidder

Private

Friendly

Pending

Private Equity

Education Services

Synopsis

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Riverside-backed Mintra Group, a leading global partner for companies within oil and gas, maritime, construction and renewables industries, acquired Atlas Knowledge, a leading provider of digital learning solutions to safety-critical industries worldwide, from HG Capital. The terms of the transaction were not disclosed. This add-on further enhances Mintra’s position as a proprietary e-learning platform provider to oil and gas companies next to its HR solutions around competency management, crew rotation planning and payroll. In addition to new customers and geographies, the merger with Atlas provides access to new industry verticals. “Uniting Mintra and Atlas creates unrivalled expertise to benefit the training and competency needs of our customers. We are continuously looking ahead to improve the learner experience and the acquisition follows substantial investment in the last year in expanding our maritime and international course libraries." Scott Kerr, Mintra Group's CEO.

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