Project Description

HMT LLP provided financial modelling services to Interact Training Group and Rockpool Investments on their acquisition of learning solutions provider Apex Training and Development Ltd.

Founded in 1994, Apex Training & Development is a multi-award-winning training technology business, with a pioneering approach towards learning journeys and learning technologies. The business has offices in Falkirk, Plymouth, London and Dubai.

Interact is an internationally renowned corporate training provider with a focus on management and leadership courses.  It is unique in using actors to deliver interactive and immersive learning methodologies to provide effective practice-based learning to its clients.

Apex founder and Managing Director Justin Skelton will step into the Group Chief Executive Officer role across both Apex and the Interact Training Group, responsible for expanding the range of learning and development services, technologies and growing businesses in the sector.

HMT advised Interact on the MBO in 2018 that saw Rockpool invest in the business. The acquisition of Apex, supported by Rockpool, is the training group’s first bolt-on acquisition.

HMT, led by Daniel Kelly and assisted by Motti Kalikshtein provided financial modelling services to Rockpool and Interact on this transaction.

Tom Coey, Investment Manager at Rockpool commented:

“HMT provided great service on the acquisition of Apex, building a robust detailed financial model. Their commitment and hands-on approach was essential to get the deal done.”

Daniel Kelly commented:

“We are delighted to have advised Rockpool and Interact on their first bolt-on acquisition. Apex ‘s holistic training solutions will strengthen Interact’s practice-based learning approach, and with Rockpool’s support the business will be able to deliver their ambitious vision. We look forward to working with them again in the future.”