CPI buys UK education training firm Pivotal Education, despite cross-border M&A concerns
Crisis Prevention Institute (CPI), backed by FFL Partners, has acquired Pivotal Education Ltd, an U.K.-based education consultancy and training company for the teachers. The deal is intended to deepen CPI’s customer reach within the education sector. Financial terms of the deal were not disclosed.
Pivotal Education is a training company for the education sector working across the U.K. and internationally. The target provides behavior and classroom management tools for education professionals in more than 1,000 schools and colleges. Pivotal Education is based in Chesham, England.
CPI is a training company specializing in disruptive and assaultive behaviors. The Milwaukee, Wisconsin-based buyer was formed in 1980 and the company touts more than 10 million professionals that have participated in its training programs. CPI conducts its programs across the U.S., Europe and Asia Pacific.
FFL Partners, which acquired CPI in December 2016, is a San Francisco-based private equity firm named primarily after its founders Tully Friedman, Spencer Fleischer, David Lowe and Christopher Masto.
The cross-border acquisition for Pivotal Education comes as investors are uncertain of the true impact Britain’s vote to exit the European Union will have on cross-border M&A. Despite the uncertainty, recent cross-border deals include: Italy-based Ferrero International S.A.’s deal to buy chocolate manufacturer Fannie May Confections Brands from 1-800 Flowers.com Inc. (Nasdaq: FLWS); 21st Century Fox Inc.’s agreement to acquire Europe’s pay-TV company Sky Plc for $14.6 billion; and AMC Entertainment Holdings Inc.’s (NYSE: AMC) acquisition to expand with more movie theaters in Sweden.