M&A Deal Summary

GP Strategies Acquires BlessingWhite

On October 2, 2012, GP Strategies acquired education company BlessingWhite from Family Capital Growth Partners

Acquisition Highlights
  • This is GP Strategies’ 3rd transaction in the Education sector.
  • This is GP Strategies’ 2nd transaction in the United States.
  • This is GP Strategies’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2012-10-02
Target BlessingWhite
Sector Education
Buyer(s) GP Strategies
Sellers(s) Family Capital Growth Partners
Deal Type Add-on Acquisition

Target

BlessingWhite

Skillman, New Jersey, United States
BlessingWhite Companies, Inc., a leader in providing a broad range of professional training and services in the areas of business leadership, culture and values, performance management and careerdevelopment. BlessingWhite serves primarily large Fortune 2000 companies in a variety of industries. It hasspecialized programs to address the needs of technical employees, new hires and high growth, technology-oriented companies.

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Buyer(S) 1

Buyer

GP Strategies

Columbia, Maryland, United States
Category Company
Founded 1959
Sector Education
Employees4,343
Revenue 473M USD (2020)
DESCRIPTION

GP Strategies is a global performance improvement solutions provider of sales and technical training, eLearning solutions, management consulting, and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services, customized to meet the specific needs of its clients. GP Strategies was founded in 1959 and is based in Columbia, Maryland.

DEAL STATS #
Overall 4 of 18
Sector (Education) 3 of 7
Type (Add-on Acquisition) 4 of 17
State (New Jersey) 1 of 1
Country (United States) 2 of 6
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-26 Rovsing Dynamics A/S

Herlev, Denmark

Rovsing Dynamics A/S is a provider of vibration condition monitoring hardware and software. Rovsing Dynamics creates value by combining predictive operational information with dynamic business information for decision makers in the maritime, power generation and oil & gas industries, using OPENpredictor™ as information source, making information available to equipment operators that enable them to reduce service downtime and enhance equipment availability, increasing revenue potential and profitability.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Prospero Learning Solutions

Toronto, Ontario, Canada

Prospero Learning Solutions is a provider of custom learning and content development solutions.

Buy -

Seller(S) 1

SELLER

Family Capital Growth Partners

Greenwich, Connecticut, United States
Category Family Office
Size Small
Type Sector Agnostic
DESCRIPTION

Family Capital Growth Partners (FCGP) is a private equity firm that invests solely in family owned and closely held businesses. FCGP targets mature businesses looking to provide shareholder liquidity or in need of growth capital for acquisitions or internal expansion. Sectors of interest include niche manufacturing of industrial and consumer products, value-added distribution, specialty service, and natural resources. The Firm's target investment size is $2 to $20 million in companies generating up to $10 to $250 million in revenue. FCGP will not invest in turnarounds or venture stage opportunities. Family Capital Growth Partners is based in Greenwich, Connecticut.

DEAL STATS #
Overall 2 of 2
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 2 of 2
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-15 Olympia Chimney Supply

Scranton, Pennsylvania, United States

Olympia Chimney Supply manufactures and distributes premium, stainless steel chimney lining systems and other related chimney products that are sold directly to the venting professionals. Olympia Chimney Supply was founded in 1999 and is based in Scranton, Pennsylvania.

Sell -
Mergr

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