Add-on Acquisition • Education

TPC Acquires Simutech Multimedia

On August 4, 2020, TPC acquired education company Simutech Multimedia

Acquisition Context

This is TPC’s 1st transaction in the Education sector.
This is TPC’s 1st transaction in Canada.
This is TPC’s 1st transaction in Ontario.

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M&A Deal Summary
Date	August 4, 2020
Target	Simutech Multimedia
Sector	Education
Buyer(s)	TPC
Deal Type	Add-on Acquisition

Target Company

Simutech Multimedia

Ottawa, Ontario, Canada

Simutech Multimedia is a provider of simulation-based training for maintenance and operations professionals across a wide range of industries. The company has helped over 500 global manufacturers, from Tyson Foods to Toyota, and 200 schools train learners in a safe, simulated environment. Using a proven systematic method, the software has helped companies hire and onboard operations and maintenance professionals faster and more efficiently leading to increased safety, lower rates of injury, and reduced downtime on the factory floor. Simutech Multimedia was formed in 1995 and is based in Ottawa, Ontario.

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Buyer Overview 1

Buyer

TPC

Buffalo Grove, Illinois, United States

Category	Company
Founded	1969
Sector	Education

DESCRIPTION

TPC engages in maintenance, repair, and operator training, with complete solutions for a 21st-century workforce to acquire, apply, and adapt essential technical and safety skills. TPC Training offers a complete portfolio of innovative industrial skills training methods, including online, live Instructor, VR, and innovative on-the-job simulations to fit every need and budget. TPC was founded in 1969 and is based in Buffalo Grove, Illinois.

Deal Context for Buyer	#
Overall	1 of 3
Sector: Education	1 of 3
Type: Add-on Acquisition	1 of 3
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2020	1 of 2

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2020-12-01	eFoodHandlers Portland, Oregon, United States eFoodHandlers, Inc. is an ANSI-accredited food safety training provider dedicated to delivering the highest quality eLearning experience to food workers, managers, and alcohol servers. eFoodHandlers was founded in 2009 and is based in Portland, Oregon.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2020-12-01

eFoodHandlers

Portland, Oregon, United States

eFoodHandlers, Inc. is an ANSI-accredited food safety training provider dedicated to delivering the highest quality eLearning experience to food workers, managers, and alcohol servers. eFoodHandlers was founded in 2009 and is based in Portland, Oregon.

Buy

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