Hawksmere beats CGT hike

Accounting training group Hawksmere has been sold to US group Kaplan, in a
deal that was in part led by the looming changes to capital gains tax,
Telegraph reported.

FD Stephen Perkins is one of several managers set to receive large payouts as
a result of the sale, on account of the shares they hold in the group.

The Telegraph said the group is to sell for £12m-£15m after being put up for
sale by private equity owner Isis Equity Partners.

Kaplan Financial, a division of education and training group Kaplan, is the
buyer, the paper said.

Further Reading:

the Telegraph story: CGT ‘a factor’ in Hawksmere sale

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