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ILX Group

  • BY: Andrew Hore |
  • POSTED: 11/02/2013 |

e-learning software and training services provider ILX Group has acquired an option to acquire healthcare learning services provider CareShield.

CareShield has been providing training since 2009 and has more than 125,000 registered users. CareShield will partner with ILX to provide mandatory healthcare training.

The option lasts three years and the purchase price will be based on a multiple of earnings. The price will be between £2m and £6m.

This is the second deal since Wayne Bos took over the running of ILX.

At 9.88p a share, ILX is valued at £3.94m

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFFebruary2013_41.pdf

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