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Announced

Completed

Evergreen and Bridges completed the acquisition of a majority stake in Skills Training.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Private

Education Services

training services

Majority

United Kingdom

Completed

Private Equity

Cross Border

Friendly

Acquisition

Synopsis

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Evergreen and Bridges, a fund manager, completed the acquisition of a majority stake in Skills Training, an independent skills training provider. Financial terms were not disclosed. “We wanted to find a funding partner who not only could help us achieve our growth ambitions but also shared our focus on creating real and genuine impact by delivering enhanced skills and outcomes for our employer and learner customers. Bridges clearly knows this sector well from previous investments within its Future Skills theme, and we felt Evergreen’s combination of patient capital and hands-on strategic support was the perfect fit for us. We’re excited at the opportunity to work together to continue to build the business and help more people access quality skills training and employment," Martin Dunford, Skills Training CEO.

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