The sale, which will see Landis UK join the technical training division at Sphinx, will secure the jobs of all the sales and training staff, currently numbering 35.
The new business will be known as ‘Power Education’ and will have an authorised curriculum that includes Microsoft, IBM, Oracle and Lotus.
Joint administrator at PKF, Fred Satow, said that in addition to the jobs being saved, the deal with Sphinx would achieve ‘substantial realisations for creditors’.
Landis Group, based in Holland, petitioned for bankruptcy on 6 May 2002.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.