In 1999, Wilmington plc acquired its first training business, Central Law Group (CLG), the leading provider of CPD training for the UK legal market. This was a significant step for Wilmington, and one which played a pivotal role in the company’s future acquisition strategy.
Binley’s, the UK market leader in the provision of healthcare data and market-intelligence services, was another significant acquisition; Binley’s joined Wilmington plc in 2000, signalling the group’s growing appetite for information-provision services.
The formation of Wilmington Shared Services in 2012 was another key milestone in Wilmington’s development. Establishing WSS consolidated support functions across the company’s operating infrastructure, providing a solid platform for growth.
In 2013, Wilmington plc added to its international footprint in North America by acquiring Compliance Week, based in Boston, MA. This strategic acquisition established a local hub that supported rapid expansion into the US market; it also created the potential for complementary acquisitions.
With the 2014 appointment of Pedro Ros as CEO, Wilmington plc is poised to take advantage of its strong market position. Its new knowledge-based model, coupled with its increasingly client-centric positioning, provides renewed focus, re-energising Wilmington plc as it enters its next growth phase.
In 2015, Wilmington plc increased its international presence in North America by acquiring Financial Research Associates LLC (FRA), based in Charlotte, North Carolina. The acquisition of FRA is consistent with Wilmington's strategy of acquiring complementary businesses with high repeat revenues and strong, cash generative income streams in the Group's key markets. FRA's business provides Wilmington with additional networking expertise and will support the Wilmington Insight and Finance divisions.
In January Wilmington acquired Wellards, which provides quality web-based training on all aspects of the sales environment for professionals within the pharmaceutical and medtech industries. In July the company strengthened its offering to accountants with the addition of SWAT UK to the Finance division.