ELKRIDGE, Md., Feb. 15, 2013 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation (NYSE : GPX ) announced today that GP Strategies Training Ltd, its UK-based government-funded-training subsidiary, earned top grades from the Office for Standards in Education, Children's Services and Skills (Ofsted) Inspection 2012 in four training program categories: Health, Public Services and Care; Quality of Delivery; Capacity to Improve; and Leadership and Management.
Ofsted, the UK regulator of government-funded training providers, inspects and regulates service providers providing education and skills for learners of all ages. Ofsted inspections are viewed as a major quality benchmark for all government-funded training providers across England and influence future growth and contracting opportunities for the providers inspected. Of 1,130 learning and skills providers inspected last year, only 13 percent received top grades along with GP Strategies Training Ltd.
Dave Martin, Vice President of GP Strategies, said, "During the past two years, GP Strategies has acquired four public sector training providers in the UK, increasing its revenue and staffing infrastructure by over 100%. It is very satisfying that our continued hard work and investment in young people has resulted in such a positive Ofsted Inspection 2012 report in an extremely competitive marketplace."
Scott Greenberg, Chief Executive Officer of GP Strategies, said, "We are proud to be part of the mission to train young adults in the UK. The Ofsted high ratings further validate that GP Strategies' teams are providing valued training programs. Through strategic acquisitions and attention to quality, the Company is now eligible to receive up to $27 million per year in UK government-funded training opportunities, which represents a significant contribution to the Company's global revenue."
About GP Strategies
GP Strategies Corporation (NYSE : GPX ) provides global performance improvement solutions, sales and technical training, eLearning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpstrategies.com.
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SOURCE GP Strategies Corporation