Acquisition: Wilmington plc
Wilmington plc (Wilmington), the provider of data, information, education and training services in the global Governance, Risk and Compliance markets, has acquired Astutis Limited (Astutis) for total consideration of up to £21.5 million consisting of initial consideration amounting to £16.8 million and contingent consideration of up to £4.7 million.
Astutis is a training provider for a range of globally recognised and regulated health, safety and environmental qualifications. This acquisition strengthens Wilmington's portfolio of training and education solutions by expanding its capabilities into the health, safety and environmental markets.
Crowe's role and team
Crowe provided financial and tax due diligence advice to Wilmington plc. The Corporate Finance team was led by Mitesh Patelia, Peter Varley, Sacha Alam and James Leyton.
Client quote
“Crowe delivered a comprehensive financial due diligence report on time, addressing the key risks whilst taking a pragmatic and commercial approach to the engagement. Their attentive support and responsiveness throughout the transaction process to completion was effective in enabling us to close the deal successfully.”
Richard Shamsi, Chief Operating Officer, Wilmington plc
