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EMPLOYER NEWS

Management Team Buy-out JHP Group

Executive TeamJHP Group has been bought by its Management Team in a transaction backed by LDC.

Led by chief executive officer Jim Chambers, its management team has acquired a minority shareholding while LDC, has invested £30 million for a significant majority stake.

This investment will enable the company to capitalise on opportunities created within both the employability and skills training sectors while continuing its organic growth strategy, particularly the increasing emphasis on welfare to work programmes.

Jim Chambers, CEO, said: “

We have delivered significant growth over the past few years as a result of increased commitment in the public and private sectors to tackling employment issues and skills gaps in the UK economy.

“The market in which we operate is consolidating and LDC’s investment will allow us to capitalise on potential opportunities to acquire strategically aligned businesses which expand our capabilities or geographical coverage, as well as continuing to grow organically.

“The investment comes at an important stage in our development and will bring on board the expertise and financial backing we need to grow the business further.”

JHP Group actively promotes and supports equality of opportunity for all, regardless of ability, age, gender, sexual orientation, ethnicity or religious belief.

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