investments


Sparta Global

IT Training Academy

September 2017

£4.0 million investment

www.spartaglobal.com

“With their in depth knowledge of the IT sector, KCP very quickly gained an understanding of our business model. They provide ongoing support at a very senior level, with extremely experienced partners working closely with the business to improve the focus of the management team.”

David Rai, Group CEO | Sparta Global

The business...

Sparta is a technology services company specialising in the provision of highly skilled technology consultants. Predominantly an early in career and graduate employer, Sparta gives individuals with a passion for technology access to free training in areas such as; software development, devops, testing, data and business analysis.

At the completion of their academy courses, trainees’ transition to being ‘Spartans’ and are assigned to work on projects with clients across the UK and Ireland. Sparta currently attracts, trains, delivers and supports business and technology professionals providing technology consulting services to more than a hundred organisations including The Home Office, ASOS, Three Mobile, Deloitte, Direct Line Group, RBS and many more.

The deal...

The Sparta business was started in 2015 as a division of a larger software testing staffing business called Testing Circle. The investment by KCP provided capital to the founders to both realise some of the value they had created to date and accelerate the transformation of the group into an IT consulting business. KCP invested £4 million in September 2017.

KCP value-add...

Since our investment we have:

  • Supplemented the senior management team, including recruitment of a Non-Executive Chairman and CFO
  • Enabled the business to invest in staff, new premises and the IT platform to support the rapid growth trajectory
  • Supported the team through development of a 3-year strategic plan