Home | Business News | Browse by Publication | B | Business Wire

BTS Group AB Has Completed the Acquisition of The Advantage Performance Group and The Real Learning Company.

Publication: Business Wire
Publication Date: 25-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
STOCKHOLM, Sweden -- BTS Group AB (publ) (STO:BTSB), the world's leading business simulation train-ing and consulting company, today announced that it has completed the acquisition of the businesses of The Advantage Performance Group (APG) and The Real Learning Company (RLC) according to the intentions communicated in a press release on August 6, 2006.

APG and RLC recorded combined net revenues of USD 21.3 million in 2005 with an adjusted EBIT of USD 2.2 million. Based on the performance of APG and RLC in 2005, the acquisition would have added approximately 40 per cent to the revenues of BTS in 2005. Added together APG and RLC recorded a compounded annual growth during the period 2000 - 2005 in excess of 10 per cent. BTS strategy for acquisitions aims to create a broader base for future organic growth while actively consolidating a highly fragmented market and gaining the opportunity to serve new...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Semcon: Semcon's Board Turns Down JCE's Extended Offer., November 24, 2006
OMX: BE Group Listed on the Nordic Exchange., November 24, 2006
Mekonomen: Net Revenues Increased by 4.8 Per Cent in October., November 24, 2006
Scania: Scania's Board of Directors Recommends the Shareholders Not to..., November 24, 2006
Statement of the Board of Directors of Scania in Relation to the Unsol..., November 24, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.