TITLE

Xpertise receives lifeline from City

AUTHOR(S)
Donovan, Tristan
PUB. DATE
September 2003
SOURCE
IT Training;Sep2003, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The City has handed Xpertise Training a £1.49 million lifeline after the training firm was short of money. The rescue package is large enough to keep Xpertise afloat for more than two years, according to chief executive Bob Bradley. 'Most of our cash went on restructuring following the merger with Power Education,' he explains. Under the agreement, investors agreed to back Xpertise on the basis of its successful restructuring, recent customer wins and the performance of its training solutions arm. Bradley hopes that the Power Education merger means that Xpertise is now 'a company with national coverage and financial security,' and predicts that its training solutions division will play a key role in its bid to compete with Great Britain's biggest independent classroom IT training firms.
ACCESSION #
10761206

 

Related Articles

  • Merged firm targets place in top 20 in UK.  // IT Training;Feb2003, p7 

    Reports on the merger between two Great Britain companies namely Xpertise and Power Education. Reasons behind the merger of the companies; Benefits received by the customers due to the merger.

  • SUPPLIER BRIEFS.  // IT Training;Apr2005, p8 

    This article presents news related to IT industry. Training firm Xpertise has been awarded Information Systems Examinations Board accreditation by the British Computer Society. InterQuad Learning has opened a 242-seat training centre in London, in addition to the existing 200-seat venue in...

  • Supplier news: News briefs.  // IT Training;Dec2003/Jan2004, p10 

    This article presents news briefs related to occupational training. Azlan has rolled out accelerated Microsoft and Cisco blended learning courses. Xpertise has extended its vendor-approved Oracle portfolio in the North East to include Washington, Tyne and Wear. Parity Training has opened Great...

  • CDAnet News Update.  // Journal of the Canadian Dental Association;Jun2002, Vol. 68 Issue 6, p334 

    The article focuses on Desjardins Financial Security which resulted from the merger of The Imperial Assurance Company of Canada and Desjardins-Laurentian Life Assurance.

  • Merging economic development and JTPA agendas. Keever, Jack; Davey, Jane // Economic Development Review;Winter91, Vol. 9 Issue 1, p47 

    Focuses on the results of merging Adams County Economic Development Incorporated with local Job Training Partnership Act agency. Adams County Employment Center approaches ACED with development project; Economic development organization to enhance economic relationships.

  • IN BRIEF.  // Builders Merchants Journal;Jul2002, p8 

    Reports on developments relevant to the building trades of Great Britain as of July 2002. Occupational training programs; Reorganization of firms; Merger deals.

  • Assurant Solutions Buys RPM Group. Delmont, Joe // Dealernews;May2007, Vol. 43 Issue 5, p16 

    The article reports that Assurant Solutions has bought RPM Group, the administrator of the oldest and biggest dealer training groups in the powersports industry in the U.S. According to the author, RPM expects the move to strengthen its training capabilities for its over 300 participating...

  • Untitled.  // Travel Weekly (UK);9/7/2007, p31 

    The article offers information on the winners and nominees of the 2006 Globe Travel Award in Great Britain including Travel 2/4, Freedom Flights, and Complete Cruise Solution. Travel 2/4 pledged to enhance technology and increase staff training at its Glasgow call centre following its...

  • Thomson Financial Securities Co. Database.  // Mergers & Acquisitions Report;06/28/99, Vol. 12 Issue 26, p7 

    Presents information on merger activities provided by Thomson Financial Securities Data Co. Public merger activities greater than $50 million; Private targets greater than $50 million; Divestitures greater than $50 million.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics