Wednesday, January 27, 2021

The Access Group acquires career development platform provider

Loughborough-headquartered The Access Group has acquired Abintegro Limited, a privately-owned London-based company known for its career development and digital learning technologies.

Abintegro will join the Access People division adding to the breadth and depth of the Access Group’s Human Capital Management (HCM) offering and complements earlier HCM, digital learning and career development acquisitions including CoreHR, Unicorn Training and MicroLearn.

Following recent acquisitions of Attaché and Unleashed, Abintegro additionally further extends the group’s growth and activities in the Asia-pacific region, specifically New Zealand and Australia.

Abintegro was founded 12 years ago by brothers Tony and David Heard, who have since built a team of 40 staff.

Abintegro’s customers include Brent Council, Lloyds Register, RAC, University of Bristol, Lancaster University, University of Exeter, NHS and University of Melbourne. More than half of all universities across UK, Australia and New Zealand use the platform.

Annual Recurring Revenue exceeding £5m is forecast for FY21.

This latest acquisition builds on October’s announcement from the Access Group of significant year-on-year pro forma revenue growth of 47%, leading to pro forma revenues of £315 million UK and pro forma adjusted EBITDA of £109 million UK for its fiscal year ended June 30, 2020 (FY20). These results continue 15 straight years of uninterrupted profitable growth for the company.

Dean Forbes, president, Access People said: “The addition of Abintegro into the Access Group’s HCM portfolio not only continues our strategy for enabling organisations to power success through people, but also offers us the potential to offer individuals everywhere the freedom to design their career development for tomorrow’s opportunities in the workplace. We welcome Tony, David and the Abintegro team into the Access Group.”

Tony Heard CEO, Abintegro, said: “Joining Access gives Abintegro access to a whole new level of product investment, development expertise and opportunity. Our business philosophies are remarkably similar, with long-term relationships being paramount. Our customers will have the opportunity to explore a wider and deeper range of digital learning content and other technology solutions all from a single provider. My team and I are excited to be joining Access People.”

Terms of the deal were not disclosed.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Work starts on new crematorium

Building work has started on a brand new crematorium on a site off the A47 Leicester Road between Hinckley and Earl Shilton. The Borough Council...

East Midlands employers called upon to help shape mental health campaign

Employers across the East Midlands are being urged to help shape a campaign to encourage firms to improve mental health support at work. The Mental...

Bumper year for Midlands industrial property set to continue in 2021

The Midlands logistics and industrial property market in 2020 included close to record take up levels, rising rents and an upsurge in investor demand,...

Civil and structural engineer appoints new director

East Midlands-based civil and structural engineering firm BSP Consulting has appointed a new director to its board. Tony Goddard, who has been with the company...

Record growth for Lutterworth commercial property firm

Lutterworth-based Chartered Surveyor and Property Consultant, Wells McFarlane has reported a record year, achieving sustained growth despite the challenges posed by the pandemic. “There’s no...

Related news

Sky Recruitment and Capella Professional take on serviced offices at Cubo in Derby and Nottingham

Sky Recruitment and Capella Professional have taken full time offices at Cubo, the flexible workspace, in Derby and Nottingham. David Torrington set up Sky Recruitment...

Work starts on new crematorium

Building work has started on a brand new crematorium on a site off the A47 Leicester Road between Hinckley and Earl Shilton. The Borough Council...

East Midlands employers called upon to help shape mental health campaign

Employers across the East Midlands are being urged to help shape a campaign to encourage firms to improve mental health support at work. The Mental...

Bumper year for Midlands industrial property set to continue in 2021

The Midlands logistics and industrial property market in 2020 included close to record take up levels, rising rents and an upsurge in investor demand,...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close