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Palatine-backed Back2Work acquires Just IT

Back2Work Group, a UK-based adult learning and pre-employment training provider backed by private equity investor Palatine, has acquired Just IT Training, a provider of IT and digital apprenticeships and skills ‘boot camps’, based in London.

Manchester-based Back2Work secured significant investment from Palatine’s Impact fund in late 2020 and Just IT Training represents its first strategic acquisition in the training sector.  

Founded in 2001 by Simon Perriton, Just IT Training works with clients such as Sainsbury’s, National Rail, Google, and public sector organisations, such as the NHS and Bank of England. With annual revenues of more than £8 million, the acquisition brings scale and significant synergies to Back2Work, adding in excess of 100 staff and taking annual revenues to more than £20 million for the first time.
Palatine was advised by Grant Thornton Corporate Finance, Cortus Transaction Services, and Pinsent Masons.

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