![]() |
|
EDI acquires PHP
Education Development International (EDI), a provider of vocational and professional qualifications, has acquired Peter Honey Publications (PHP) for up to £1.25 million.
Maidenhead-based PHP publishes self-assessment learning tools and customers include universities, public authorities and blue chip private sector organisations.
Nigel Snook, EDI chief executive, said: 'The business can be integrated with our own operations in a short period of time and with the minimum of disruption. This will provide immediate synergies although we plan to invest in the development and marketing of the... services we have acquired.'
In the year ending September, EDI reported an increase in revenue of 32 per cent to £28.3 million, while operating profits were up 200 per cent to £8.1 million.

Other M&A Deals
- Thermal Engineering bought by Privet Capital Jul 30 2010
- Wood fuel pioneer plans AIM float Aug 11 2010
- Foresight makes green investment Sep 01 2010
- MASI acquires AgriGuard Aug 25 2010
Special Offers
M&A News
- Alterian's Intrepid acquisition Sep 01 2010
- Dwell unlocks £5 million funding Aug 31 2010
- Moonfruit raises expansion funds Aug 31 2010
- Compass acquires Vision Security Group Aug 31 2010
- BGC Partners buys Mint Aug 25 2010
M & A Events
- M&A Awards 2010 20th May
