CFI advised ACT on its sale to Cardiff and Vale College
Cardiff – CFI United Kingdom acted as the exclusive financial advisor to ACT on its sale to Cardiff and Vale College.
ACT is a leading work-based training provider, delivering fully funded work-based qualifications for learners aged 14 upwards across a number of disciplines.
Cardiff and Vale College is a further education college offering courses in subjects including art, business, science, hospitality, and counselling.
The deal, the value of which has not been disclosed, sees Cardiff-based firm ACT becoming a wholly-owned subsidiary of fast-expanding CAVC which is one of the top five colleges in the UK with a turnover of £75m and over 30,000 students.
Managing director of ACT, Andrew Cooksley, who set up the firm with his wife Caroline, said: “We have a long-standing working relationship with Cardiff and Vale College that has seen us work collaboratively to develop and progress learners. Together we will build on our strong shared links with schools, communities and employers and further develop programmes and progression routes that lead people onto sustainable careers. At ACT we are looking forward to this next exciting phase when we can look at how we best tackle these future challenges together and support our capital region.”
The transaction closed on 14 October 2016.
Business Services
has been acquired by
Transaction details
Cardiff and Vale College acquires leading workplace training firm ACT
This transaction was advised by:
Frank Holmes
Partner, Managing DirectorOur latest transactions
Business Services
has been acquired by
Transaction details
Hydrographic and geological surveys provider Clinton Marine Survey welcomes Sobro as its new ownership partner
Business Services
has been acquired by
Transaction details
Swedish HR and staffing expert Prodea has been acquired by Consolid
Food & Beverage & Agribusiness
have acquired
Transaction details
French bakery group Occipain (La Panetière) has been acquired by Arterris, UI Investissement and Crédit Mutuel Equity to fuel the next stage of its growth