Corporate specialists at Shoosmiths have advised UK-based online learning provider Learndirect on two linked acquisitions of training businesses.
Learndirect has bought the shares of TABS Training and the business and certain assets of TLE.
The TABS acquisition was led by partner Karen Procter (corporate) with support from partner Karen Fletcher (employment) and associate Lisa On-Iam (real estate), while the TLE purchase was led by partners Mark Dawson (corporate) and Sarah Teal (insolvency).
Launched in 2000 and bought by private-equity house LDC in 2011, Learndirect merged with fellow LDC portfolio training company JHP Group last November, with Shoosmiths advising both management teams. In addition to online learning, the enlarged group provides vocational education and training nationally.
All nine TLE and 16 TABS Training centres will now be rebranded Learndirect centres and will continue to offer maths, English and IT courses, among others.