Global Knowledge Training LLC has acquired ctc TrainCanada, an Ottawa-based provider of corporate training and development solutions. No financial terms were released. Global Knowledge said the deal solidifies its position as an information technology training specialist, adds desktop applications training courses to its portfolio, and expands its presence across Canada. Headquartered in Cary, North Carolina, Global Knowledge is a portfolio investment of U.S. private equity firm Rhône Capital. Rhône acquired the company from MidOcean Partners in 2014.
Global Knowledge acquires ctc TrainCanada – Acquisition strengthens trainer’s global capabilities
Research Triangle, NC, (August 17, 2017) — Today Global Knowledge announced its acquisition of ctc TrainCanada, solidifying Global Knowledge’s position as the leading provider of IT training in Canada and around the world. With this acquisition Global Knowledge increases its broad portfolio of more than 2,500 courses to include training on desktop applications, and expands its presence to locations in 10 major cities across Canada.
“This acquisition positions Global Knowledge to better meet the growing demand for companies and individuals looking to embrace skills transformation to meet the new market demands,” said Global Knowledge president and CEO Sean Dolan. “Our Canadian customers now have access to the most comprehensive schedule and portfolio of courses and certifications, ranging from IT to business to leadership skills. We also have the capability to offer training based on our customers’ needs, from digital learning to virtual classrooms and traditional classroom instruction.”
Global Knowledge Canada president Lawrence Franco added that workplace training is urgently needed in the age of digital disruption. “Technology is moving so quickly that attempting to hire for particular skill sets is a losing battle. Frankly, the skills that will be needed five years from now probably don’t exist yet. To keep pace, Canadian businesses have to get serious about training from within. The continued relevance of Canadian business is a mission we take very seriously at Global Knowledge.”
About Global Knowledge
Global Knowledge is the worldwide leader in IT training and learning services. We empower organizations, teams and individuals with the skills and best practices necessary to leverage the technologies and competencies critical for sustained success and to create competitive advantages. With over 15 corporate offices around the world, our 1,500 employees are helping clients succeed in over 100 countries.
Photo courtesy of ctc TrainCanada