Englefield Capital invests in leading UK learning company, QA-IQ: Landmark agreement creates opportunity for significant growth
QA-IQ, the leading learning services provider, has announced a landmark agreement partnering with private equity firm, Englefield Capital. The agreement will provide QA-IQ with significant resources to continue developing the organisation's growth strategy. Investment in new curriculum areas and learning services, achieved through both organic development and an acquisition strategy, will broaden the customer offering.
Commenting on the relationship with Englefield Capital, Christian Martin, Chairman of QA-IQ said: "It is our priority to respond to our customers' needs through the continuing development and growth of our product and service portfolio, both within the IT arena and also in our growing business skills portfolio and other complementary offerings. Our partnership with Englefield brings financial resources and business expertise that will ensure that we excel in delivering a broad high quality range of learning services to our customers and in so doing ensure continued strong growth."
Englefield's ethos is to invest and work in promising market sectors with strong and entrepreneurial management teams for whom they provide additional financial resources and commercial expertise.
Edmund Lazarus, Partner and Co-Founder of Englefield Capital said. "QA-IQ has a highly impressive track record in their chosen markets, delivering a leading service to their customers. We were very attracted to the entrepreneurial approach of the management team, the calibre of their people and the breadth and quality of the services offered. We see QA-IQ's market-leading position as a tremendous platform for further growth and development of new curriculum areas and learning services to support existing customers as well as meeting the needs of new customers."
David Pardo, Director of industry analysts IT Skills Research commented: "QA-IQ is the largest player in the UK IT training market. This new investment from a highly respected private equity group is testament to the outstanding growth and leadership demonstrated by QA-IQ."
The existing management team will continue to lead the company through the next phase of development and there will be no changes to the day-to-day operations of the company.