Institutional sponsor currently in fund, targeting cash generative businesses with strong governance. Focus on corporate & professional training within education & training, where revenue quality and customer retention are evidenced. Investor is currently in fund with committed capital for near term execution. Investor has completed multiple prior acquisitions in North America and Europe, including platform and bolt on transactions. Valuation discipline will be applied, driven by cash generation and resilience through cycles. Integration would be staged, strengthening governance without disrupting delivery. North American buyer targeting opportunities.