M&A Deal Summary

Ashley Services Group Acquires Global Education and Training Group Pty

On April 14, 2015, Ashley Services Group acquired staffing company Global Education and Training Group Pty for 2M USD

Acquisition Highlights

This is Ashley Services Group’s 1st transaction in the Staffing sector.
This is Ashley Services Group’s largest (disclosed) transaction.
This is Ashley Services Group’s 1st transaction in Australia.

M&A Deal Summary
Date	2015-04-14
Target	Global Education and Training Group Pty
Sector	Staffing
Buyer(s)	Ashley Services Group
Deal Type	Add-on Acquisition
Deal Value	2M USD

Target

Global Education and Training Group Pty

North Melbourne, Australia

Global Education and Training Group Pty Ltd. (dba SILK Education & Training) is a Nationally Registered Training Organisation (“RTO”). SILK, which stands for Skills in Life & Knowledge, delivers Nationally Recognised Training programs primarily to the corporate (existing worker) market in Victoria. These programs range from Certificate II level through to Advanced Diploma level and cover market sectors including Hospitality, Business, Management, Retail and Food Processing.

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