Ashurst advises lenders in Learning Technologies Group acquisition and merger with GP Strategies Corporation

LSE AIM listed LTG is a leader in the high-growth workplace learning and talent industry, offering end-to-end learning and talent management solutions ranging from strategic consultancy, through a range of content and platform solutions to analytical insights that enable corporate and government clients to close the gap between current and future workforce capability.

NYSE listed GP Strategies is a global workforce transformation provider of organizational and technical performance solutions which improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services customized to meet the specific needs of its clients.

The lenders are providing acquisition debt financing together with a new revolving credit facility, to fund in part the acquisition and merger.

The Ashurst team was led by global loans partner Tim Rennie, with support from senior associate Katia Fettes and associate Kieran Ferguson. In New York, partner Michael Neary and associate Nathan Huynh supported, and in Hong Kong partner Daniel Lau and senior associate Sharon Cong advised.