Smart Apprentices | Advanced
finnCap Cavendish, part of financial advisory firm, finnCap Group plc, has today announced it has advised the fast growing technology company, Smart Apprentices, on its sale to Advanced, the British software and services provider.
Founded in 2010, Smart Apprentices has developed a leading position in the recruitment, management and assessment of workplace apprentices across both workplace and classroom learning.
The acquisition will strengthen Advanced’s position in the further education, skills and learning sector which will prove to be critical as the UK undergoes one of the largest reforms of skills and education as it emerges from the pandemic.
The deal, which was led by Andrew Jeffs at finnCap Cavendish, represents a great step forward in the support of vocational training and the narrowing of the UK skill gap.
Mark Kingston, Partner & Head of Human Capital M&A at finnCap Cavendish commented: “We are delighted to have advised Smart Apprentices on this successful transaction. The combination will provide a natural home to the team at Smart Apprentices and enable Advanced to accelerate its growth plans as the need for a new approach to learning and skills development evolves.”
Fiona Hudson-Kelly, Founder of Smart Apprentices said: “This acquisition represents a hugely exciting chapter in our company’s development. There is enormous synergy between Advanced and Smart Apprentices and we see a huge opportunity to capitalize on the renewed focus we’re seeing on vocational learning.”
“The finnCap Cavendish team were exceptional from start to finish on our deal, helping us to prepare meticulously for the process, identifying a group of highly strategic buyers and negotiating a fantastic deal for our Shareholders. We would thoroughly recommend them to any owners considering an exit.”
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