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Announced

Completed

TDR Capital-backed BPP Education completed the acquisition of Firebrand Training.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United Kingdom

Acquisition

Majority

Education Services

Domestic

training services

Private

Single Bidder

Private Equity

Completed

Synopsis

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TDR Capital-backed BPP Education, a provider of educational services, completed the acquisition of Firebrand Training, a provider of professional training services. Financial terms were not disclosed. “The acquisition of Firebrand allows BPP to further grow their presence in the IT and Tech skills market. Offering our customers the ability to study specialised IT certifications, in addition to our existing portfolio of IT apprenticeship programmes and degree courses really does stand the BPP Education Group apart from competitors. We can now cater for customers that have training needs throughout the whole lifecycle of an IT professional. We are really looking forward to working in partnership with Firebrand’s highly skilled team to drive our businesses forward," Graham Gaddes, BPP CEO.

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