Learning Technologies Group PLC has had the regulatory green light to complete the acquisition of GP Strategies.
The company, in a statement, said it expects the transaction will close on October 14.
"The acquisition of GP Strategies represents a transformational leap for our business,” said chief executive Jonathan Satchell. “It creates a combination of award-winning technology, leading talent development skills and a global delivery capability.
“As an enlarged business, we will be well placed to enable a broadened array of corporate clients to recruit, train, motivate and retain their people in a world of increasing complexity and a rapidly changing relationship between talent and the workplace."
The acquisition of GP Strategies will create a global business with more than 5,000 employees and proforma revenues of around £500mln, the company noted.