When Simon Perriton, Founder and Group CEO of London-based IT training and apprenticeship provider, Just IT needed support and advice on a potential acquisition with Manchester-based Back2Work – specialists in providing intensive training courses to help the long-term unemployed return to work, retrain or reskill – he called upon HCR corporate partner, David James to help him navigate through the complexities.
Just IT was founded in 2001 and is a leading apprenticeship provider in the UK, working with the likes of Sainsbury’s, National Rail, NHS and Bank of England. It has successfully now joined Back2Work Group to significantly expand its offering nationally and taking combined revenues to more than £20m per annum.
Following a successful completion of the acquisition, David James, Corporate Partner commented, “Transactions like this can be complex and sensitive but this is fantastic opportunity for everyone involved – Just IT is a well-established and highly regarded provider. Back2Work is backed by private equity house Palatine and shares mutual values with Just IT, making it a very exciting partnership.”