Gresham Backs 7city MBO

Gresham Private Equity has sponsored a management buyout of 7city Group Ltd., a UK-based provider of training services to financial institutions. No financial terms were disclosed for the deal, which included leveraged financing from The Bank of Scotland.



Gresham Private Equity, the UK mid market private equity specialist, today announces that it has backed the management buy-out of 7city Group Ltd (7city). Co-founders, Jonathan Shaw, Gil Christie and Paul Shaw led the buy-out in order to accelerate the future growth of the business.


Established in 2000, 7city is a global training provider primarily servicing the top 100 financial institutions. The company delivers courses to over 20,000 delegates each year, both in the classroom and via state of the art distance learning solutions. 7city's world class faculty and supporting team of over 110 employees, are based at training centres in London and New York with a third centre scheduled to be opened in Singapore in 2008. 7city has been in the Sunday Times Virgin Atlantic Fast Track for the past two years and the company recently won the “Learning Innovation of the Year” at the World of Learning Awards.


7city has two core offerings; exam training where they are market leaders in both benchmark regulatory exams and professional qualifications offered by institutes such as the SII, ACCA, CFA