Rhone Capital’s Global Knowledge acquires ctc TrainCanada

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By Ted Liu

Global Knowledge Training LLC, a portfolio company of Rhone Capital L.L.C., has acquired Ottawa based ctc TrainCanada from owners Mark Peterson and Prakash Pooran.

In November 2014, Rhone Capital acquired GK Holdings, Inc. (Global Knowledge) from MidOcean Partners.

With this acquisition, Cary, North Carolina based Global Knowledge increases its broad portfolio of more than 2,500 courses to include training on desktop applications, and expands its presence to locations in 10 major cities across Canada.

“This acquisition positions Global Knowledge to better meet the growing demand for companies and individuals looking to embrace skills transformation to meet the new market demands,” said Global Knowledge president and CEO Sean Dolan. “Our Canadian customers now have access to the most comprehensive schedule and portfolio of courses and certifications, ranging from IT to business to leadership skills. We also have the capability to offer training based on our customers’ needs, from digital learning to virtual classrooms and traditional classroom instruction.”

Global Knowledge Canada president Lawrence Franco added that workplace training is urgently needed in the age of digital disruption. “Technology is moving so quickly that attempting to hire for particular skill sets is a losing battle. Frankly, the skills that will be needed five years from now probably don’t exist yet. To keep pace, Canadian businesses have to get serious about training from within. The continued relevance of Canadian business is a mission we tak­­e very seriously at Global Knowledge.”

photo credit: Global Knowledge