GreyLion Partners (GreyLion) and Vestar Capital Partners (Vestar) have completed an equity recapitalisation of 360training, a provider of online training and continuing education to regulated industries, to support the Company’s rapid growth and accelerate acquisition activity.
Terms of the investment have not been disclosed.
The new investment will help 360training pursue large and small strategic acquisitions within its core markets and in new markets and geographies. 360training helps organisations develop their workforces and remain compliant with labour regulations and industry certification mandates, with a content library offering more than 6,000 courses across five major verticals: Environmental Health & Safety, Food & Beverage, Real Estate, Healthcare and Financial Services.
GreyLion first invested in 360training in 2018 and remains a significant owner of the Company. The firm is committed to 360training’s long-term growth and success while ensuring that the Company is well positioned to further execute against its strategic business plan.
As part of the investment, Vestar managing directors Jake Olson and Nikhil Bhat will join 360training’s Board of Directors.