The company

Based in Carlisle, System Training was founded in 1996 and has become the largest provider of employment solutions, apprenticeship and commercial training activities into the logistics and warehousing sectors. They have a strong team of trainers and tutors that work to deliver bespoke and accredited courses to the highest possible standard. Programmes include apprenticeships, providing tomorrow’s future with the key skills they need to succeed and employment solutions to assist individuals back into the workplace. They deliver over £6 million of publicly funded training.

The deal

Our corporate finance team, led by Ian Johnson, advised Bridgewater Human Capital on the acquisition of Systems Training. We negotiated the deal and terms from start to finish in what is a significant bolt-on acquisition for the group. Ian Johnson commented: “Dave Dargan and his management team have an ambitious organic growth and buy & build strategy to continue to be at the forefront of the staffing sector. This latest acquisition proves their experience and vision is paying off. We are delighted to have advised on this transaction and we look forward to supporting the Group as it continues to develop.”

How we can help?

If like Bridgewater Human Capital, you are looking to grow your business via strategic acquisitions, we can help to identify suitable target companies, negotiate on your behalf and structure the deal on the right terms. Our transaction sizes typically range from £1m to £30m with concentration on owner-managed businesses in the mid-corporate sector. With a substantial network, powerful research databases and close connections with other firms operating in this market (including lawyers, brokers, merchant banks and other professionals), we can find the right match for your requirements and work with you every step of the way.

As a member of the IAPA, Cowgill Holloway has access to a global knowledge base that further enhances our ability to meet your sector-specific needs.