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Deals
GP Gets Investment From Sagard Capital
GP Strategies Corp. has completed a private placement of 2.86 million shares of common stock with Sagard Capital Partners LP at a price of $7 per share, generating gross proceeds to GP Strategies of $20 million. Sagard’s equity investment equates to an ownership interest of approximately 15.4 percent.
“We are extremely pleased that an investor like Sagard Capital Partners shares our vision and we view their investment as a tangible sign of confidence in the direction GP Strategies is heading,” says Scott N. Greenberg, chief executive officer of GP Strategies. “In expanding GP Strategies’ platform as a leading customer training and performance improvement company, we will continue to look for opportunities to make strategic acquisitions and to fund internal growth, and this investment by Sagard strengthens our ability to do both.”
In connection with the equity investment, Daniel Friedberg was elected to the board of directors of GP Strategies.
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Latest News
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Deals
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Three New Partners Learn.com has three new partners:
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The move... »
People on the Move
HCI's New Advisory Board Members HCI’s new Advisory Board members are: DR. PETER CAPPELLI, The Wharton School; ROB CROSS, University... »
Saba appoints Lundy VP and Russel to Board of Directors Saba has appointed Jim Lundy to the newly created position of vice president andgeneral manager of... »
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Resources
What Return on Investment Does E-learning Provide? Organizations make investments in e-learning solutions with the expectation that the solutions will... »
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Case Studies
Creating a Corporate University for Employees and Customers The Numbers Are Staggering: 30,000 Man-Hours of Instruction, 9,000 Course Completions.
»
Creating a Large E-learning Curriculum Located in Carrollton, Texas, RealPage is a leader and pioneer in multi-family property management... »
E-Learning Inside and Out Orbitz Worldwide is a forerunner in using e-learning to impact two audiences that can help grow its... »
New Products
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Voices
Enlisting the Unconscious Mind Four Ways To Make Sure A Learner's Whole Brain Fully Embraces The Learning Process
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Ahead of the Curve? New Research From San Diego State Shows That Social Networking As An E-Learning Tool Has A Way To Go »
Trendlines
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Tips
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