Benchmark International is pleased to announce the acquisition of Manchester-based Development Processes Group (DPG) by Glasgow-based ICS Learn, backed by Primary Capital.
DPG was established in 1991 and is a training and development provider specialising in CIPD qualifications to both B2C and B2B clients via online courses, traditional classroom workshops and blended online content.
Founded in 1889, ICS Learn has been a pioneer in distance learning for more than 130 years. It is an online learning provider with over 25,000 current students, offering award-winning courses with unlimited tutor support and operating over 100 countries.
Both companies will combine their collective knowledge and talent with the aim of delivering an unrivalled experience for students starting or advancing their career in HR.
Robert Wagner, Commercial Director at DPG, said: “We look forward to working alongside ICS Learn and believe that together we will provide greater choice and value to the marketplace, much needed for customers during these challenging times.”
Colin Kennedy, CEO at ICS Learn, said: “This is an exciting opportunity for both brands and gives us the chance to grow and reach out to a wider audience who are looking for opportunities to advance their careers in a convenient and affordable way.”
Benchmark International is delighted for both parties and wishes them the best of luck for the future.
WE ARE READY WHEN YOU ARE
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com
Americas: Sam Smoot at +1 813 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 (0) 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL
Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $6B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.