Learning Technologies gets all approval for acquisition of GP Strategies

Learning Technologies gets all approval for acquisition of GP Strategies

LONDON, UK: Learning Technologies Group (LTG), the provider of services and technologies for digital learning and talent management, announced receipt of all regulatory clearances required ahead of completion of the acquisition of GP Strategies (NYSE: GPX).

The transaction is now expected to complete on 14 October, subject to certain customary closing conditions.

Learning Technologies Group acquisition of GP Strategies will create a global business with more than 5,000 employees and proforma revenues of c.£500m.

The strategically compelling combination will create a world-leading workforce transformation business focused on learning and talent management.

Jonathan Satchell, Chief Executive of Learning Technologies Group, said: “The acquisition of GP Strategies represents a transformational leap for our business. It creates a combination of award-winning technology, leading talent development skills and a global delivery capability. As an enlarged business, we will be well placed to enable a broadened array of corporate clients to recruit, train, motivate and retain their people in a world of increasing complexity and a rapidly changing relationship between talent and the workplace.”

LTG is a leader in the growing workplace digital learning and talent management market. The Group offers end-to-end learning and talent solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.

LTG is listed on the London Stock Exchange‘s Alternative Investment Market (LTG.L) and headquartered in London. The Group has offices in Europe, North America, LATAM and Asia-Pacific.

Learning Technologies Group PLC share price

202.20 GBX−0.70 (0.34%)today

7 Oct, 4:35 pm GMT+1 ·Disclaimer

www.ltgplc.com

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