Transaction Details

October 13, 2020
London

Sector

Technology, Business Services

Deal Type

Business Succession, M&A, ESG

Deal Team

Sam Fuller, Declan O’Connor, Katherine Hobbs, Tim Richardson, Theo Vervelle

GCA Altium advises Sparta Global on the sale of a majority stake to Inflexion Private Equity

GCA Altium acted as exclusive financial advisor to Sparta Global, an innovative technology and training services provider utilising an Attract-Train-Deploy model, on the sale of a majority stake to Inflexion Private Equity.

Sparta attracts and trains graduates in technology skills and then deploys “Spartans” in roles with its clients in high demand technology areas such as data engineering, software engineering, DevOps and business analysis.

Sparta’s graduates come from a diverse range of backgrounds before being trained in one of the firm’s programmes, plugging the skills gap between university education and technology professionals. By ensuring its intake is diverse, Sparta helps its clients achieve their own diversity and inclusion objectives. Sparta benefits from a strong client base of UK corporates and public sector clients, including BUPA, Channel 4, Deloitte, Royal Bank of Scotland and The Home Office.

Inflexion has acquired a majority stake in Sparta Global, with Key Capital Partners exiting its investment in Sparta Global and the management team remaining with the business. Inflexion has a strong record of expertise in investing in the technology and training services market, including its prior investment in FDM before successfully floating on the LSE in 2014, and current investments in Calco and K2 Partnering Solutions, both of whom are operating in similar markets.

David Rai, CEO of Sparta Global, commented: “We really enjoyed working with the GCA Altium team, they worked tirelessly to a tight deadline and combined execution expertise with sage and trusted advice. I’m extremely proud of the continued excellence Sparta Global has delivered to date. Our unique business model has allowed us to grow quickly and helped to place thousands of students from a variety of backgrounds in full-time employment. We were drawn to Inflexion’s incredibly relevant experience and proven success in the sector and hope to leverage this to expand our business with existing and new clients.”

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