Global Knowledge Acquires Nexient
Learning
Combined organization
provides Canadian market with an unrivaled suite of corporate
training products, services, and solutions
Cary N.C. – August 24, 2009
– Global
Knowledge announced today that it has completed the
acquisition of the assets of Nexient
Learning Inc., Canada’s largest corporate training
provider. The combination of Global Knowledge's Canadian operations
with those of Nexient establishes Global Knowledge as Canada’s
leading provider of IT and business skills training as well as
leadership business solutions. With the integration of their
complementary product portfolios, customers will benefit from an
expanded and unparalleled range of learning solutions.
The Nexient acquisition supports
Global Knowledge's successful business strategy of securing key
acquisitions that enable the company to provide quality training
products, services, and solutions across a worldwide market. In
2007, Global Knowledge joined forces with Synergy Professional
Services to expand across the Middle East and Africa. In 2006, the
acquisition of Azlan Training established Global Knowledge as the
largest IT training provider in Europe.
"We’re excited to join forces with
Nexient," said Brian K. Branson, Chief Executive Officer and
President of Global Knowledge. "Their assets include a loyal
customer base, a robust portfolio of products and learning
solutions, a strong management team, and the proven ability to
drive revenue. This is a unique strategic opportunity to expand
Global Knowledge’s market presence in Canada and leverage Nexient’s
portfolio throughout our worldwide organization."
Donna de Winter, Chief Executive
Officer and President of Nexient, said, "We’re delighted to become
a part of the Global Knowledge family. With Global Knowledge’s
financial strength, operational expertise, and worldwide reach, our
customers are assured access to learning solutions that will
continue to afford them a competitive edge, and they will gain
access to a broader range of current and future products and
services."
The combined company's portfolio
includes award-winning curricula, expert instruction, and training
solutions in information technologies such as Cisco, Microsoft,
VMware, Citrix, Red Hat, business analysis, project management,
ITIL®, and award-winning programs for leadership business
solutions.
Financial terms of the transaction
were not disclosed.
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About Global Knowledge Global Knowledge is the
worldwide leader in IT and business training. We deliver via
training centers, private facilities, and the Internet, enabling
our customers to choose when, where, and how they want to receive
training programs and learning services. Our more than 700 courses
span foundational and specialized training and certifications.
Founded in 1995, Global Knowledge employs more than 1,200 people
worldwide and is headquartered in Cary, N.C. The company is owned
by New York-based investment firm Welsh, Carson, Anderson, and
Stowe. The company’s web site is at
www.globalknowledge.com.
About Nexient Learning
Inc. Nexient Learning Inc. is the largest corporate
training and talent development company in Canada, serving more
than 100,000 learners per year. Headquartered in Toronto, Ontario,
Nexient delivers the broadest choice of top-caliber,
industry-recognized curricula in IT, business process improvement,
and leadership business solutions. With 12 locations across Canada,
Nexient offers innovative learning solutions in both classroom and
online formats. The company’s web site is at
www.nexientlearning.com.
Contacts US:
Nancy Enloe Global Knowledge Director, Marketing
Communications
(919) 460-3267
nancy.enloe@globalknowledge.com
Canada: Andrea Sampson Nexient Vice President, Marketing
(416) 964-8688 x2338
asampson@nexientlearning.com