Housing company Regenda diversifies with education sector acquisition
North West housing business Regenda Group has acquired learning programme provider Positive Footprints.
Liverpool-headquartered Regenda said the deal will strengthen its strategy of diversifying into the education, training and apprenticeship sectors.
Positive Footprints, based in Burnley, develops career-based learning programmes delivered by the education sector, often in partnership with businesses.
The transaction follows Regenda’s acquisition, in July last year, of Liverpool-based Alder Training.
Positive Footprints MD Lesley Burrows said: “We are very excited to be joining the Regenda Group.
“It is clear that this organisation has ambitious plans for its training and education offering, and we are delighted to be part of that journey.”
Lesley added: “Positive Footprints is all about making an impact, improving social mobility and raising the aspirations of children across the country. We believe that through the greater support offered as part of a large organisation, we can do this plus much more.”
The Regenda Group has branched out from its core property business in recent months, to support its vision of achieving sustainable regeneration by providing opportunities for people to achieve economic and social wellbeing.
Michael Birkett, chief exec of The Regenda Group, commented: “We are delighted that Positive Footprints is joining our expanding group.
“This acquisition will provide further growth potential for the business as we continue to push into sectors which are closely aligned with the values of our group.”
He continued: “We believe that the team at Positive Footprints bring an exciting and forward thinking range of programmes to the Group, which will enhance our current offering, while also allowing us to explore new areas within careers, training and apprenticeships.”
The deal with Positive Footprints marks Regenda Group’s second acquisition in the last 12 months and its fourth to date.
The group confirmed it is expecting to announce another acquisition in the coming months.