Announced
Financials
Sources
Tags
Acquisition
United Kingdom
Education Services
Private
Pending
Private Equity
Single Bidder
Majority
Friendly
Mbo
educational courses
Domestic
Synopsis
Private equity firm Endless agreed to acquire Interserve Learning and Employment, the 6th largest apprenticeship provider in the UK, from Interserve, a British multinational group of support services and construction companies. Financial terms were not disclosed. "We have worked hard over the past months to continue to deliver training courses to our learners throughout the pandemic. We are proud to work with a diverse range of employers every day from telecommunications giants to independent hairdressing salons to transport businesses and every type of company in between, helping them make a positive contribution to society and the economy. We quickly built a rapport with Enact who shared our passion and pride in delivering quality learning and have ambitions to retain that quality ethos as we plan to grow the business," Gregg Scott, ILE Managing Director.
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