Announced
Financials
Tags
United Kingdom
Single Bidder
Cross Border
Majority
Private
engineering consultant
Engineering Consulting
Acquisition
Friendly
Pending
Synopsis
NIRAS Group, a global engineering consultancy, agreed to acquire Lorien Engineering Solutions, an engineering design and project management services provider, from Learning Technologies Group, a digital learning and talent management firm, for $21m. "We are pleased that Lorien has found an excellent home in NIRAS which has the strategy and team to develop Lorien's offering. Alongside the carve-out of contracts from TTi, these transactions are further important steps in purifying GP Strategies' focus on its core mission of corporate learning and talent development solutions," Jonathan Satchell, Learning Technologies Group CEO.
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