Wendel to acquire Crisis Prevention Institute from FFL Partners for $910m.

Wendel, a Europe listed investment firms, agreed to acquire the Crisis Prevention Institute, a training organization specializing in the safe management of disruptive and assaultive behavior, from FFL Partners at an enterprise value of $910m. Under terms of the proposed acquisition, Wendel will make an equity investment of up to approximately $590m for a 98% ownership interest in the company, alongside CPI’s management team. The transaction is expected to close in the fourth quarter of 2019 or the first quarter of 2020, subject to customary conditions and regulatory approvals. “CPI is at the forefront of providing crisis management and prevention skills to professionals in the healthcare and education fields that face traumatic and potentially violent incidents on a daily basis. CPI has a long track record of growth under the leadership of Tony Jace, and we think it has a substantially larger opportunity to expand into other geographies and industries that can benefit from its programs. We look forward to working with Tony and his team to support the Company’s mission and its continued growth," Adam Reinmann, Wendel North America CEO.