M&A Deal Summary

GP Strategies Acquires Prospero Learning Solutions

On June 5, 2013, GP Strategies acquired education company Prospero Learning Solutions

Acquisition Highlights
  • This is GP Strategies’ 4th transaction in the Education sector.
  • This is GP Strategies’ 1st transaction in Canada.
  • This is GP Strategies’ 1st transaction in Ontario.

M&A Deal Summary

Date 2013-06-05
Target Prospero Learning Solutions
Sector Education
Buyer(s) GP Strategies
Deal Type Add-on Acquisition

Target

Prospero Learning Solutions

Toronto, Ontario, Canada
Prospero Learning Solutions is a provider of custom learning and content development solutions.

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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 5 of 18
Sector: Education M&A 4 of 7
Type: Add-on Acquisition M&A Deals 5 of 17
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-02 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-18 Lorien Engineering Solutions

Burton-on-Trent, United Kingdom

Lorien Engineering Solutions Ltd. is a provider of engineering design and project management services with specific expertise in the food & beverage, manufacturing and life sciences industries.

Buy -