Malvern is a global learning and skills development partner that delivers a variety of professional qualifications to thousands of students around the world. The business has secured a £2.6m growth loan from BOOST&Co, which could be followed by up to £4m in acquisition finance, to increase its working capital while its leadership team make plans for future expansion.
The company has been listed on the Alternative Investment Market (AIM) of the London Stock Exchange since 2004, but the introduction of a new leadership team in 2016 has enabled the company to make several savvy acquisitions in Singapore, Manchester and Brighton, as well as becoming a delivery partner to the University of East London.
Protecting Malvern’s future ambitions
The initial £2.6m tranche of the loan will increase Malvern’s working capital, enabling the business to invest immediately in expansion. Plans include enrolling students on courses at Malvern House, Brighton – an English-school that opened recently in the city. A further £4m in funding is available to the business for strategic acquisitions, if the management team requires it.