London-based family investment office Addition Capital has completed a control investment into Be-A Education, operator of the New Skills Academy and Staff Skills Training businesses.
New Skills Academy is a direct-to-consumer platform and Staff Skills Training is an SME-focused business platform.
As part of the transaction, Be-A has appointed Ian McClelland as chief executive. He has spent more than 25 years working in start-up, SME, and multinational corporate environments helping digital businesses launch, scale or adapt to disruption. McClelland was chief executive of Guardian Australia, returning to the UK to lead Guardian Media Group’s corporate development, where he worked on key growth projects including Guardian Masterclasses, an international education programme spanning both in-person and online formats.
McClelland said: “I am very excited to join this dynamic and fast-growing business, which makes opportunity accessible to the people and companies that need it most. Technology is disrupting jobs around the world, and individuals need to access affordable, high-quality training programmes to increase their employability. Be-A plans to drive New Skills Academy to be the key hub for learning and upskilling in the UK and beyond.”
Addition and Be-A were supported in the transaction by Shawbrook Bank. Addition was advised by Shoosmiths, Wilson Partners and Grant Thornton UK. The sellers were advised by Sherbornes Solicitors.
Date published: 27 April 2021