Announced
Completed
Financials
Sources
Tags
Private
Education Services
training services
Majority
United Kingdom
Completed
Private Equity
Cross Border
Friendly
Acquisition
Synopsis
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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