Prism Advise on Sale of Award-Winning International Digital Infrastructure Education Providers

We are delighted to announce that the Prism team have advised award-winning international digital infrastructure education providers, CNet Training Limited (and all related businesses of its holding company Academia Group Limited), through their sale to US-based global digital infrastructure authority, Uptime Institute (a Dominus Capital, L.P. portfolio company).

CNet Training (CNet) has been designing and delivering professional network infrastructure training programs since 1996 and has trained over 83,000 data centre professionals across 45 countries. Today, CNet is recognised as the global industry leader in technical education across the digital infrastructure industry, comprising the data centre and network infrastructure sectors. It is the only industry-dedicated education provider in the world to award both internationally recognised qualifications and professional certifications, starting at entry level through to a qualification level 7 Masters Degree program.

Headquartered in New York, Uptime Institute’s global consultant network performs data centre certification, data centre training and IT consulting in over 100 countries. The acquisition of CNet dramatically extends the range and depth of Uptime Education offerings and positions Uptime as the Learning & Development partner of choice around the world.

Prism Corporate Broking (Prism) are specialist M&A advisors with many years of combined experience in helping people to buy and sell businesses across the technology sector. The Prism team worked closely with CNet’s shareholders throughout the entire sale process.

Andrew Stevens, President & CEO of CNet says, “We are excited to join the accelerating Uptime team. CNet was already growing quickly, but now will have many more opportunities. As we look forward to this next phase, I first want to personally thank everyone who has supported us over these past 26+ years of delivering unique value and in bringing ongoing innovation to the Digital Infrastructure Education market. I would also like to thank Robert Fiske and the team at Prism for their unwavering support and advice throughout the process.”

Robert Fiske, Prism’s Director of Corporate Finance says, “We’ve known CNet Training and its four owners for a number of years and I couldn’t be more pleased to unite them with Uptime Institute. I am excited to see how the company will continue to thrive under the continuing leadership of Andrew Stevens. It has been a pleasure working with the vendors throughout and I wish them every success for the future.”

Legal support to the vendors was provided by Ashtons Legal, led by Partner and Head of Corporate & Commercial, Geoff Hazlewood.

Find out more about our business sale service here: www.prismcorporatebroking.com/sell-your-business

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