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Kaplan Financial acquires Hawksmere

publication date: Feb 1, 2008
author/source: Ed Tranham

Kaplan Financial has acquired Hawksmere Limited, the London-based training and conference provider, for an undisclosed sum. The acquisition provides an exit in full for the investors that supported the MBO in December 2003, including ISIS Equity Partners which supported the MBO with £2.75m.

Hawksmere is a key provider of legal, professional, senior management and compliance training in the UK and serves more than 20,000 delegates each year. The company will now trade under the name Kaplan Hawksmere. The acquisition will be added to Kaplan’s offering in the UK which includes 29 finance and accounting training centres. The US-based Kaplan Inc has worldwide revenues of around $2bn (just under 25% in professional training) and is a subsidiary of the Washington Post Company.

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