Announced
Completed
Financials
Tags
France
Business Process Outsourcing
Friendly
Single Bidder
Completed
Acquisition
Private
professional training
Cross Border
Minority
Private Equity
Synopsis
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.
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