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.
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