GP Strategies Acquires Bath Consultancy Group

Expanding Global Leadership Development Capabilities

Elkridge, MD. November 18, 2010.  – GP Strategies Corporation (NYSE:  GPX), the corporate parent of global performance improvement solutions provider General Physics Corporation (GP), announced that GP’s wholly-owned subsidiary, General Physics (UK) Ltd, has acquired Bath Consultancy Group, a niche leadership and organizational development consulting firm located in the United Kingdom. Bath Consultancy generated revenue of $3 million for the year ending April 30, 2009 and GP Strategies anticipates that the acquired business will have increased revenue and be accretive to earnings-per-share in 2011. GP utilized cash-on-hand to fund the acquisition.

Established in 1986 by three members of the University of Bath’s School of Management, Bath Consultancy Group has a reputation for building exceptional customer relationships with leading global companies and for facilitating organizational change, senior leadership development, coaching and team coaching. Its client base includes a range of global organizations and many in the FTSE 100. Its primary services include change consultancy and organization development, executive leadership and management development, executive coaching, coaching supervision and team coaching to a global client base through a global network of associates.

Scott Greenberg, Chief Executive Officer of GP Strategies, stated, “We believe that there will be growing demand for leadership training and organizational development services. Bath Consultancy Group’s capabilities, reputation, and global delivery network will increase our ability to deliver those services to our clients throughout the world.”

 
Climate Neutral Bath Consultancy Group recognises that climate change is one of the most serious change issues affecting the world today. We offset our activities with Climate Care
BCG Ltd, trading as Bath Consultancy Group, is a subsidiary of General Physics (UK) Ltd
Registered in England No.: 03328424, VAT Reg No.: GB 880 9813 85
Registered Office: Cleveland House, Sydney Road, Bath, BA2 6NR
gp_logo_hi-res_-_med
A subsidiary of GP Strategies Corporation (NYSE:GPX)

 
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