GP Strategies Corporation (NYSE:GPX) has announced the acquisition of Marton House PLC. Marton House is engaged in the provision of custom e-learning content development. Its expertise lies in leadership and sales product training. It’s revenue for the year ended December 31, 2009 was reported as $4 million. The acquisition is expected to increase GP’s revenue and become accretive to its earnings per share in 2010. The acquisition will be funded by the company’s cash on hand.
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GP Strategies Corporation (GP Strategies) is a provider of customized training solutions focused on performance improvement initiatives for the clients. It also provides consulting, engineering and technical services which improves the customized training capabilities and diversifies the service offerings. The Company offers a range of training business process outsourcing (BPO) services, including design, delivery and global management of learning programs, to national and multinational businesses and government organizations. It delivers the services individually or as a complete, integrated training solution. The Company operates in four business segments: Manufacturing & BPO, Process & Government, Energy, and Sandy Training & Marketing (Sandy). On December 1, 2009, the Company completed the acquisition of Option Six, Inc. On December 30, 2009, GP Strategies completed the acquisition of PerformTech, Inc.
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