Gambit Corporate Finance Lead Advisor on sale of MPCT to Learning Curve Group
One of the UK’s largest independent training providers, MPCT, has been acquired by Learning Curve Group (“LCG”). MPCT is the largest internship provider in Wales and is the 7th largest independent training provider on the UK Government’s Education and Skills Funding Agency contract. It was founded in 1999 by former army officer Huw Lewis MBE and has helped tens of thousands of school leavers acquire practical and academic skills for civilian and military careers.
Over its 22-year history, MPCT has received a significant number of accolades, including winning the Times Educational Supplement “Training Provider of the Year”, earning the 13th position in the prestigious “Top 100 Companies to Work” list. For” from the Sunday Times, as well as having achieved an outstanding Category 1 result in its last Ofsted inspection.
LCG is a leading UK training and education specialist and a portfolio company of mid-market pan-European private equity firm Agilitas. The acquisition of MPCT will add 30 sites and 180 additional staff to LCG’s operations in England and Wales, creating the largest military training organization outside the Ministry of Defence.
Gambit Corporate Finance acted as lead advisor to the shareholders of MPCT during the initiation, negotiation and structuring of the transaction. The Gambit team was led by Geraint Rowe (Partner), Simon Marsden (Director) and Michael Dunn (Executive).
Huw Lewis MBE, Founder and Managing Director of MPCT commented:
“I would like to thank the very experienced Gambit team for their role in advising, leading and executing a lengthy negotiation. Gambit were fully committed, provided an extraordinary level of service and led the negotiations with objectivity. The transaction was executed in an incredibly professional manner and potential issues were carefully considered ensuring the process was well managed. It was a real pleasure to work closely with Gambit over the months and I thank them for their outstanding support every step of the way.
Emma Lambert, Director of Finance at MPCT said:
“Gambit’s vast experience and success speaks for itself, so it was a privilege to have them as advisors on this transaction. The team’s excellent business knowledge and guidance guided us smoothly throughout the process. process, from start to finish. We were always well informed of what to expect as the transaction progressed, which allowed us to be well prepared and focused. We received service from first class and we couldn’t have done it without their guidance. Thank you.”
Simon Marsden, Director at Gambit commented:
“Over the past 21 years, Huw and the management team have built an exemplary business that has consistently delivered exceptional, market-leading learning outcomes for young people in the UK. MPCT’s independent contribution to the UK Armed Forces is second to none and this transaction provides LCG with a substantial platform to grow and add significant value to the lives of young people in the UK.
“This success is testament to Gambit’s deep knowledge and experience in the education and training industry in delivering M&A advisory services that exceed stakeholder expectations. The transaction also indicates the buoyancy of M&A activity in the education and training sector at present, with high levels of buyer appetite for quality assets in the UK middle market. , which bodes well for the continued growth of our references in the sector.
Capital Law provided legal advice to shareholders and its team consisted of Duncan Macintosh, Angelina Drljaca-Chandler and Catherine Golledge.