- Babcock’s Civil Training business provides educational services to blue-chip clients including FTSE 100 and 250 companies
- It operates across the UK with a focus on the automotive, rail, nuclear, retail, hospitality and social care sectors
- Inspirit acquires businesses that are no longer core to the parent company’s strategic objectives
Inspirit Capital announced that it has signed an agreement with London-headquartered Babcock to acquire its divested Civil Training business. The business is a provider of apprenticeships and adult education in the UK. Clients of the company include FTSE 100 and 250 companies. It operates nationally with a focus on the automotive, rail, nuclear, retail, hospitality and social care sectors.
Upon completion of the deal the company will be rebranded to reflect its focus and vocational training.
“The business has an enviable reputation and trusted relationships with many leading UK companies,” said Will Stamp, founding partner at Inspirit Capital. “We look forward to helping the business grow by deepening and developing relationships with these customers, both existing and new, who can be confident of working with a high-class training partner who puts an excellent learner experience at the heart of all they do.”
Inspirit Capital, based in London, is an investment firm that specialises in acquiring business that are no longer core to their parent company’s strategic objectives. It looks for small to medium sized businesses with revenues of over £20 million ($21 million; €22 million) and an enterprise value of up to £50 million.