THI Investments, a UK-based private equity firm focused on the growth of technology companies, has announced an undisclosed investment in Corndel, a provider of digital transformation training and consultancy services for businesses. The deal closed on November 27, 2020.

AcquirerTHI Investments (GB)
TargetCorndel (GB)
Deal ValueUndisclosed
Type of DealInvestment
Closing Date2020-11-27
Announcement Date2020-11-27

The investment will enable Corndel to continue offering best-in-class training and strategic support to individuals and businesses, supporting their digital transformation journeys.

Deal Mechanics

The transaction was completed on November 27, 2020, with regulatory approval already secured. The financial terms of the deal have not been disclosed by either party.

Strategic Rationale

THI Investments' investment in Corndel is driven by a vision to support individuals and businesses through digital transformation training and strategic consultancy services. With this backing, Corndel aims to expand its reach and deepen the impact it has on helping organisations navigate their digital futures.

Financial Context

Corndel’s offerings are in high demand as more companies seek to accelerate their digital transformations amid changing business landscapes. This investment positions Corndel well to meet this growing need for expertise and support.

Advisors

The financial advisors, legal counsel and other professionals involved in the transaction have not been disclosed by either party.

Outlook

THI Investments' support will help Corndel to maintain its position as a leader in digital transformation training and consultancy. The investment also signals an ongoing commitment from THI Investments towards technology-driven growth opportunities within the UK market.