Sovereign Capital Acquires Triangle Training for Employability and Skills Group

Sovereign Capital ("Sovereign") today announced the acquisition of Midlands childcare training provider Triangle Training to extend Employability and Skills Group's ("ESG") training activities into Early Years Care.

Delivering high quality nursery care training since 1999, Triangle Training offers apprenticeships, advanced apprenticeships and Train to Gain in Early Years Care and Education.  Consistently attaining higher achievement rates than the national average, and recognised by the Adult Learning Inspectorate (now part of OFSTED) as one of the UK's top niche training providers, Triangle Training has placed learners with over 800 employers.

Over 60 staff in Triangle Training's centres in Birmingham, Northampton, Wolverhampton, Telford, Leicester and Nottingham support trainees throughout their apprenticeships which deliver a broad and dynamic skill set for today's growing £3.5bn UK children's nursery sector.

The acquisition of Triangle Training is the latest addition to the recently formed ESG, which also comprises: Leicester based Sencia, which specialises in getting long-term unemployed adults back to work, STL the Sheffield-based apprentice learning specialist, and Derbyshire-based national training provider Orient Gold.  With a turnover of £25m and over 500 staff, ESG is a significant adult training provider in the UK, delivering programmes on behalf of the Learning and Skills Council, National Employer Service and Jobcentre Plus throughout the UK.

Commenting on the acquisition, Simon Hitchcock, Director at Sovereign Capital said: "We are delighted to add Triangle Training to ESG's portfolio of specialist training providers.  The high calibre and experience of its trainers have given Triangle Training a deservedly excellent reputation.  As a priority funding area for the Government, we see the child care sector as one of growth and opportunity and we look forward to capitalising on Triangle Training's expertise in this market."

Andrea Lavelle, owner and Managing Director of Triangle Training, said: "Having successfully integrated other learning and skills businesses, ESG gave us the confidence we sought in finding the right fit for Triangle Training.  We look forward to accessing ESG's resources and scale to further develop our services to both learners and employers."

Adrian Holmes, Group CEO at ESG added: "The addition of Triangle Training fits comfortably with our Skills Division, complements the experience and expertise already available within the group and enables ESG to enter the growing, government-funded Early Years Child Care market."

The acquisition of Triangle Training is Sovereign's twelfth in the education market and reflects the team's depth of knowledge and strength of relationships within the education sector.