Nothing but negotiation

The Gap Partnership

New Horizons and NWHW Holdings enter merger agreement

NWHW Holdings is to acquire New Horizons.

14 August 2012

Independent IT training firm New Horizons Worldwide and NWHW Holdings have entered a merger agreement, by which New Horizons will be acquired by NWHW.

This transaction could be bolstered by merger and acquisition consultants and will involve NWHW purchasing all of New Horizon's outstanding common shares for $2.17 (£1.38) each, as well as its available Series C preferred shares for $67.27 per share and $52.84 for its Series B stock.

As a result, total enterprise value for the deal is around $56 million, with the price per common share representing a 210 per cent premium over New Horizon's August 13th closing price of 70c.

NWHW is a newly-formed organisation backed by New Horizons shareholder and leading investment firm Camden Partners.

This equity group was founded in 1995 and specialises in expanding companies in technology-enabled corporate services, healthcare and education.

"New Horizons has greatly benefited from the support of Camden Partners since its initial investment in 2005," New Horizons' president and chief executive officer Earle Pratt said.

Posted by Edel Quinn

Source: Joint press release, August 13th

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more

July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more

April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more

February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more

December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more