Bridgepoint completed the acquisition of a 30% stake in The Cegos Group.

Bridgepoint, an alternative asset fund management group, completed the acquisition of a 30% stake in The Cegos Group, a professional training for managers provider. Financial terms were not disclosed. "After a health crisis that has profoundly transformed the professional world, the L&D market is more buoyant and dynamic than ever. Cegos has returned to growth in 2021, exceeding its targets. To transform and further enhance our Group's profile, we have defined a bold strategy based on three development areas: accelerating our organic growth by strengthening our teams, our service offering and our presence in new markets (e.g. training for individuals or job seekers); consolidating our profile through key acquisitions (in new areas of expertise, in digital learning, in the BtoC market or internationally); and finally, driving this growth in a responsible and sustainable manner, for ourselves and for all our stakeholders," Benoît Felix, Cegos Group CEO.