M&A Deal Summary

Route2Work Acquires Training Room

On July 7, 2017, Route2Work acquired staffing company Training Room from LDC

Acquisition Highlights
  • This is Route2Work’s 1st transaction in the Staffing sector.
  • This is Route2Work’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-07-07
Target Training Room
Sector Staffing
Buyer(s) Route2Work
Sellers(s) LDC
Deal Type Add-on Acquisition

Target

Training Room

Dorset, United Kingdom
Training Room is a provider of Personal Trainer qualifications in the UK. Their mission is to recruit, train, develop and manage elite health and fitness professionals in accordance with the needs of the industry and their corporate partners. Training Room was founded in 2006 and is based in Dorset, United Kingdom.

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Buyer(S) 1

Buyer

Route2Work

London, United Kingdom

Category Company
Founded 2017
Sector Staffing
DESCRIPTION

Route2Work is a digital careers development business with social impact at its core. Route2Work use world-class technology to reach ‘undiscovered’ talent and develop these individuals across in-demand IT pathways, enabling their accelerated deployment into tech-based industries where traditional training and recruitment offers are failing to meet demand. Route2Work was founded in 2017 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 114 of 210
Sector: Staffing M&A 1 of 4
Type: Add-on Acquisition M&A Deals 58 of 97
Country: United Kingdom M&A 110 of 204
Year: 2017 M&A 9 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 TCEG

London, United Kingdom

TCEG is a collection of three creative agencies - WRG, The Moment and Just Communicate - that provide experiential marketing primarily through events and digital marketing, including virtual and augmented reality, predominantly to healthcare clients. TCEG is based in the UK but services clients across the world, with approximately one third of revenue generated in the US.

Sell £25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 Amber Road

East Rutherford, New Jersey, United States

Amber Road is a provider of cloud based global trade management (GTM) solutions. Amber automates the global supply chain across sourcing, logistics, cross-border trade, and regulatory compliance activities to dramatically improve operating efficiencies and financial performance. Amber Road was founded in 1984 and is based in East Rutherford, New Jersey.

Sell -