Leadership development consultancy, the Centre for High Performance Development (CHPD), has been purchased by US human capital consulting firm Capital H Group, in a multi-million pound deal.
The deal is part of a long-term expansion strategy which includes introduction of CHPD products in the US in 2008. CHPD will keep its name, but will operate as a division of Capital H Group.
Chris Parry, co-founder and executive chairman of CHPD said: “We always knew that to grow the business in the long term, we would need a partner to help with expansion. We now want to move into a new stage of more radical growth and are very excited about the prospects for both employees and clients.”
Greg Silich, chief operating officer of Capital H Group, said: “We are very excited about our future together. CHPD has an excellent reputation and a stellar client list of over 100 organisations worldwide.”
Julia Payne, chief executive of CHPD, added: “Our expertise and research has focused on the area of leadership development from first line manager up to CEO, while Capital H Group has a greater offering in the areas managing change, HR processes and recruitment strategies, so the two organisations will complement each other very well.”