Training firm bought in £3.1m deal
A&R, the Yorkshire-based government sponsored training company, has been bought by Woodspeen Training for £3.1m.
The deal is the second for London-based Woodspeen, which is listed on the PLUS market.
The company, which was founded in November, 2007, has a “buy and build” strategy of acquiring quality training companies with the ambition of creating a substantial UK vocational training business.
A&R, which employs some 90 full time and part time staff, was established in 1992 and has four training centres in Huddersfield, Halifax, Bradford and Wakefield.
Its principal business is operating apprenticeships for 16 to 18-year-olds who are not in employment or training and New Deal programmes aimed at the long-term unemployed. Currently some 780 learners study on its various programmes.
