Simplify Compliance, a portfolio company of Leeds Equity Partners, has acquired Bluepoint Leadership Development, a provider of leadership training and content. The buy of Bluepoint is the fourth acquisition completed by Simplify Compliance since its formation in 2016.
Bluepoint provides leadership training, coaching training programs, and executive coaching services to a range of small to large companies. Past customers include, among others, American Express, Qualcomm, New York Life, Konica Minolta and Mayo Clinic. Bluepoint has offices in North America, South America, Europe, the Middle East and the Asia Pacific region and is headquartered near Cincinnati in Milford, OH (www.bluepointleadership.com).
Leeds Equity formed Simplify Compliance in December 2016 as a buy-and-build platform to acquire Fortis Business Media, a provider of services to assist companies in complying with state and federal legal requirements in the areas of human resources, occupational health and safety, and environmental; and three portfolio companies of business-to-business publishing company UCG; DecisionHealth, a provider of information and services to healthcare businesses; Argosy Group, a provider of specialized financial and business information services; and Center for Communications Management Information, a provider of data and information to the telecom industry.
“We are extremely excited to have partnered with Bluepoint,” said Dan Oswald, Chief Executive Officer of Simplify Compliance. “With this addition to our portfolio, we have continued to underscore our dedication to customers, employees, and stakeholders by investing in our core solutions to deliver actionable information and high-quality training to our customer base.”
“The addition of Bluepoint’s capabilities will enhance our learning offerings and help our customers become more efficient and effective,” said Scott VanHoy, Managing Director of Leeds Equity Partners
Leeds Equity Partners is focused exclusively on investing in the education, training and information services industries. The firm was founded by Jeffrey Leeds and Robert Bernstein in 1993 and has raised and managed more than $1.5 billion of capital across six funds. The firm is located in New York (www.leedsequity.com).
© 2018 Private Equity Professional | April 20, 2018
