Realise Training Group, backed by private equity firm Endless’ Enact fund, has acquired Smart Gas Training and Assessment Centre for a seven-figure sum. The move strengthens Realise’s position in regulated training sectors, particularly in gas, plumbing, and renewable energy.
Based in Ashbourne, Derbyshire, Smart Gas offers training in air source heat pumps, gas engineering, plumbing, and heating. This acquisition marks Realise’s third in three years and aligns with its strategy to diversify into high-demand, regulated industries.
Since securing Enact Fund investment in 2020, Sheffield-based Realise has grown to over 500 staff supporting 16,500 learners. The company is formalising a new group structure to broaden its commercial offering and enhance its training solutions beyond apprenticeships and skills bootcamps.
The acquisition comes as the UK government invests £600 million to train 60,000 skilled construction workers, positioning Realise to support workforce development in critical infrastructure and green energy sectors.
Legal and financial advisors on the deal included Womble Bond Dickinson, Tax Advisory Partnership, and Fox Lloyd Jones. Realise recently secured a multi-million-pound facility from OakNorth to support further expansion and innovation.