GP Strategies Completes Acquisition of the Effective-People and Effective-Learning Companies
Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) completed its previously announced acquisition of the Effective-People and Effective-Learning companies, leading providers of human capital management (HCM) solutions, including sales and support of the full SAP SuccessFactors Business Execution (BizX) Platform, eLearning and blended learning solutions, as well as recruitment and employee development services. Effective-People and Effective-Learning will operate as a part of GP Strategies' Learning Solutions group as of April 1, 2014.
Headquartered in Copenhagen, Denmark since 1988, Effective-People and Effective-Learning have performed over 160 cross-platform HCM implementations in over 70 countries. Effective-People and Effective-Learning have HCM expertise and partnerships with industry leaders, including SAP and SumTotal. This acquisition will create a hub for support of HCM software and services throughout Europe, with global capabilities to support multilingual rollouts.
Scott Greenberg, GP Strategies' Chief Executive Officer, stated, "The addition of both Effective-People and Effective-Learning helps expand our position in the human capital management market and our global custom content development capabilities. Our combined strength will allow us to continue to scale to meet the growing needs of our customers."
Additional information may be found at www.effective-learning.com and www.effective-people.com.
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