Mergers & Acquisitions, Welfare to Work

Successful Acquisition: Ixion Holdings acquires Computer Gym

Ixion Holdings Ltd – a Not-For-Profit organisation – acquired Computer Gym (UK) Ltd on 30th April 2010. Ixion specialised as a contract managing agent in brokerage, skills, employer engagement and new media. Its acquisition of Computer Gym means that  Ixion has now added both operational delivery and an extensive track record of provider services to its portfolio.

Surrey-based Computer Gym (UK) Ltd has been rebranded as Ixion CG Ltd and delivers a portfolio of market-leading Employability, Reducing Reoffending and Workforce Development training initiatives.

Darren Coppin, Vice President of Ixion CG, stated, “This acquisition is a considered strategic response to a market sector that needs to benefit from demand-led, fast-acting, larger-scale contractors and subcontractors that have a track record of delivering results for funders and the beneficiaries themselves.”

John Govett, Ixion Holding’s CEO, stated, “the group now has the scale, capacity and credibility to transform business outcomes and peoples’ lives across entire learning journeys and the UK. The complementary skills, services and track records will count in the ever competitive world going forward and the scale, governance and support we both now have from our parent, the £140m turnover Anglia Ruskin University, is a real asset in the changing public sector environment that we work in.”

Tony Wallace, Managing Director of Ixion CG confirmed that, “the company aims to support large Prime Contractors and local third-sector organisations in unlocking the potential of unemployed, ex-offender and working individuals through training, to help drive forward the UK economy as a whole.”

Contract Group Head of Communications Amanda Planting on for any further information, or click on this link: .

Well done!

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