A mergers and acquisitions specialist has hit out at the government after his group of training providers’ skills funding contracts were terminated for a “contentious” reason, forcing them to go bust.
BEI Education Group Ltd and its three subsidiaries – Best Practice Training and Development Limited, Leaders in Business Limited, and DNA Apprenticeships Ltd – have filed for insolvency with a combined loss of around 50 jobs.
It’s unclear exactly how many apprentices and learners are currently on their collective books and will need to transfer to alternative providers, but their most recent Ofsted reports show the providers had well over 1,000 individuals between them.
