Fri, 15 May 2026 | BUSINESS SALE
Workpays, a training provider headquartered in Derby, has secured a seven-figure HSBC UK funding package to support its acquisition of a training business based in Suffolk. The acquisition of W S Training expands Workpays’ presence into the East of England.
The deal, which broadens the group’s training offering into sectors including commercial skills and construction, forms part of its wider national growth strategy. The acquisition is expected to increase group revenue by 46 per cent, with further growth expected in FY26.
W S Training operates from four centres across Suffolk, including its commercial training hub and three centres focused on study programmes. As part of the deal, all of the company’s employees will transfer into the combined group.
Through the acquisition, Workpays increases its operational network to 10 nationwide locations, strengthening its capacity to deliver training across sectors such as construction, hospitality, healthcare and logistics.
Alex Glasner, co-managing director at Workpays said: “We’re proud to welcome W S Training to the Workpays family of companies. The team has built a second-to-none reputation in Suffolk over the past 30 years, particularly in working with people with SEND. We’re excited to build on that expertise to help even more people gain the skills they need for long-term careers.”
The deal follows Workpays’ acquisition of Orangebox Training in October, another transaction on which the company was supported by HSBC UK.
Chris Swash, relationship manager at HSBC UK said: “We’ve collaborated closely with the team at Workpays, providing funding to support them with a series of acquisitions, so it’s fantastic to continue that relationship as they take this next step in their business strategy.”
“At a time when there is a strong focus on closing skills gaps and boosting workforce participation, expanding high-quality training provision – particularly in sectors such as construction – is vital to supporting economic growth. Workpays’ focus on long-term learner progression and regional impact reflects our commitment to backing growing UK businesses that make a positive social impact.”
While financing conditions are tight, there are a range of alternative funding options that businesses seeking to grow through M&A can explore
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