BEI Education Group Ltd acquires Best Practice Training & Development Ltd
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BEI Education Group Ltd is a holding company that owns several commercial and apprenticeship training providers operating in different sectors. The company is building a portfolio of providers that can service employers – national and local – through its niche, independently managed businesses.
Best Practice Training & Development Ltd is a business that has been running for nearly 30 years (incorporated for 23 years) under the leadership of David Allenstein and it has an impressive track record, with a very good OFSTED report in 2019 and a direct AEB contract with the ESFA.
David is now retiring, and BEI have acquired 100% of the share capital. David, his wife Mary, and key employee Nina have all become shareholders in BEI as a result of the transaction. David Allenstein said we are very proud of the business we have built over many years and delighted to hand it over to a professional group of people who have very ambitious plans to grow not only Best Practice but BEI as a group.
Sara Goldie is to be appointed Managing Director to manage the business as one business unit in conjunction with Leaders in Business Ltd. Tracy Myles will be appointed Finance Director and David Cormack, Commercial Director.
Sara Goldie commented “I am very proud to be leading up the Best Practice team which is a high-quality organisation with a fantastic track record”.
BEI Chief Executive David Kitchen said “we express our thanks to David (Allenstein) for building such a lovely organisation and creating a great legacy. We will respect the history, build on a David’s success and as custodians of the company aim to emulate David’s achievements. We wish him a happy retirement.
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