Cardiff – CFI UK is pleased to announce that it has acted as lead advisor to ACT, Wales’ leading apprenticeship and training provider, on its acquisition of Acorn Learning Solutions from Acorn Recruitment.
Since 2016, ACT has been a member of the Cardiff and Vale College (CAVC) Group, a partnership that created the country’s largest work-based learning provider. ACT is celebrating its 30th anniversary in 2018. The business has 390 employees and 12 training centres across South and Mid Wales, and a network of 19 sub-contractors.
Newport-based Acorn Learning Solutions, formerly part of the Acorn Group, employs 60 staff and provides apprenticeships and skills training solutions to more than 1,200 businesses across Wales and England. It specialises in areas such as leadership, insurance and financial services, IT professional, data analytics, project management and contact centres across Wales and England. Following the transaction, it will become a stand alone subsidiary of one of the UK’s leading colleges with more than 30,000 students.
The transaction closed on 25 January 2018.
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