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NIIT Acquires US-based St. Charles Consulting Group for $23.4 Million

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Global Skills and Talent Development Company NIIT Ltd announced on Saturday that it has acquired US-based St. Charles Consulting Group for $23.4 million.



St. Charles Consulting Group, headquartered in St. Charles, Illinois, is a leading provider of strategic learning consulting, design and implementation solutions to professional services firms and Fortune 500 companies.

The acquisition will help NIIT add a significant presence in the professional services and management consulting sectors while strengthening its growing learning consulting practice.

St Charles Consulting Group brings deep expertise and experience in building strategic learning programs that are in high demand with our client base,” said Sapnesh LallaChief Executive Officer and Executive Director, NIIT Limited.

St. Charles Consulting Group has a network of more than 500 leading management consultants in learning, organizational development, knowledge services and workforce planning.

NIIT said there is significant growth opportunity for St. Charles Consulting Group’s business going forward and expects the transaction to increase margin and EPS growth from the first year.

“The acquisition of St. Charles Consulting Group gives our clients access to a more comprehensive ability to advise, design and implement strategic learning programs,” said DJ ChadhaChief Customer Officer, NIIT Ltd.

“As a result of the current business environment, St. Charles has seen incredible growth in recent years and helped our customers in this new learning environment,” added Chadha.

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