Transaction

Clearwater advises MML and management on the sale of Learning Curve Group to Agilitas

Transaction

MML Capital sold Learning Curve Group to Agilitas

Sell-side

Undisclosed

Role

Adviser to MML Capital on the sale of Learning Curve Group to Agilitas

Sector

Business Services

Region

United Kingdom

Clearwater has advised MML Capital and the shareholders of Learning Curve Group (Learning Curve), an education and training specialist, on its sale to Agilitas, a leading private equity firm.

Funding for the transaction was provided by Agilitas and Pemberton Asset Management.

Since 2015, Learning Curve has grown to become one of the largest and most diverse education service providers in the UK as well as becoming a Sunday Times Top 100 company to work for. They now work with over 4,500 employers every year and reach over 120,000 learners through academies, learning content, apprenticeship programmes and government funded training.

The investment will enable the creation of new jobs based at Learning Curve’s HQ and nationally, new skills academies to support people back into work, growth in support for corporate partners through levy provision, significant increase in programmes to upskill individuals in the workplace, as well as enhancing the support provided to learners. Agilitas and Learning Curve’s management team will work together to deliver a multi-dimensional transformation plan and help the business deliver its digital transformation strategy and international sales ambitions.

UK demand for education and training services remains high and the current government has reiterated its commitment to continued investment in the sector. High-quality training providers, such as Learning Curve, are well-placed to capitalise on the widening skills gap and the unlocking of the Apprenticeship Levy.

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We’re excited to join forces with Agilitas as we embark upon the next stage of our growth plans. MML has been a fantastic partner who has supported us over the last 5 years, seeing us grow significantly and move into our amazing new HQ. Our executive management team will stay with Learning Curve and be instrumental on delivering our growth aspirations along with our fantastic workforce.

Brenda McLeish, CEO of Learning Curve Group
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It has been a pleasure working with such a talented management team to develop a transformation plan to bring the exceptional education they offer to a much wider audience. Learning Curve Group is a truly incredible company, built by staff working together to create an environment to support learners reach their goals. Learning Curve is a quality provider in the growing further education and training market and we look forward to supporting the growth of the business.

Liam Goddard of Agilitas Private Equity

MML congratulates Learning Curve Group on the fantastic progress they have made over the last 5 years. We’re delighted that they will be partnering with Agilitas to take them to the next level in their plans. The Clearwater team played a key role in guiding us throughout this process, their sound advice and sector expertise ensured a smooth process through to completion.

Richard Mayers, Partner at MML Capital

We are delighted to have been a part of Learning Curve’s continued success since we introduced MML in 2015. With MML’s support, the management team, led by Brenda and Gavin, have built a fantastic platform which is uniquely placed to achieve continued success in the future, and in Agilitas who have found a partner who shares their ethos, values and ambition.

Marcus Archer, Partner and International Head of Business Services at Clearwater

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