GP Strategies Acquires TTi Global

(RTTNews) - GP Strategies Corp. (GPX) Wednesday said it has acquired TTi Global, a provider of training, staffing, research and consulting solutions to the global automotive industry and other key sectors.

The company said the acquisition significantly enhances its service offerings and customer base in the automotive industry, adding service training and multiple new markets, customer relationships and capabilities.

Bloomfield Hills, Michigan-based TTi Global, founded in 1976, operates globally with offices in Australia, Brazil, Chile, China, India, Japan, Mexico, Peru, South Africa, Thailand, The Philippines, United Arab Emirates, United Kingdom and the United States. Annual revenues of over $50 million expected.

"The addition of TTi Global enhances GP Strategies' global platform as a comprehensive training provider, providing us with greater scale and depth of services to capitalize on global training opportunities," stated Adam Stedham, President of GP Strategies.