MML Capital Partners (“MML”) has invested into Learning Curve Group (“LCG”) after being introduced to the business on an exclusive basis by Clearwater International.
LCG provides education, apprenticeship and training programmes for 16 – 18 year olds and adult learners, primarily on a flexible delivery basis. From ‘safe handling of medicines’ to apprenticeships in construction and IT, Learning Curve has been delivering “outstanding” learning provision since 2004.
MML has backed the existing management team which has consistently grown the business throughout the economic cycle. The MML investment has enabled management to reorganise the shareholder base and provides growth capital to support the planned organic and acquisitive growth, positioning the business to satisfy strong demand from its clients in the public and private sector for successful apprenticeship and learner outcomes. LCG plans to invest in expanding its curriculum portfolio and to deliver capacity in areas such as English and Maths, programmes for the unemployed and e-learning.
Clearwater International advised MML on its investment. The team was led by partner Marcus Archer with support from director Rob Burden. Partner Mark Taylor and associate director Tom Barnwell of Clearwater International’s Debt Advisory team also provided support for the transaction.
“We were introduced to the Learning Curve opportunity on the back of Clearwater International’s knowledge and research around the sector. Having introduced us to management, Marcus, Rob and the team then worked hard alongside us to help close down the transaction, off-market, providing excellent buy-side support on all aspects of the transaction including raising acquisition financing. It was precisely the type of transaction that MML wants to do and we thoroughly enjoyed working with the Clearwater International team. We look forward to working with them again in the future.”
Richard Mayers, Investment Director at MML Capital Partners
“Clearwater International provided invaluable advice and support on a deal that was incredibly important to Learning Curve Group. From the outset, the team showed excellent knowledge of the sector we work in and was proactive in putting forward ideas to develop our business. That has not ceased, even after completion. The introduction of MML as investment partner was ideal as their extensive experience, flexible approach and strong partnership ethos will enable our senior management team to retain operational freedom while giving us the support to achieve our growth objectives. This partnership will cement our reputation as a leader in the field of vocational training for many years to come. I would highly recommend Clearwater International as excellent corporate finance advisers.”
Brenda McLeish, CEO of Learning Curve Group
“Learning Curve is a leading player in its market and has a great management team. Identifying MML as the right strategic partner to support its growth strategy is an excellent example of the type of origination that comes from Clearwater International’s thorough knowledge of the education sector.”
Marcus Archer, Head of Business Services at Clearwater International