Elkridge's GP Strategies buying leadership development firm

BlessingWhite, based in N.J., had revenue over $13 million in 2011

September 17, 2012|By Steve Kilar, The Baltimore Sun

GP Strategies Corp., a global business consulting company based in Elkridge, has agreed to buy BlessingWhite, a Princeton, N.J., company that offers employee leadership training, the companies have announced.

The roughly $10 million acquisition should be complete within a month, GP Strategies said in a statement Friday.

GP Strategies expects the acquisition to add to earnings per share in 2013, the company said. Last year, BlessingWhite had revenue of more than $13 million, GP Strategies said.

"BlessingWhite's understanding of leadership development and employee engagement will be a significant asset to GP Strategies' customers," said Scott Greenberg, GP Strategies' CEO, in the statement. GP Strategies currently has customers in more than 65 countries, the statement said.

steve.kilar@baltsun.com

twitter.com/stevekilar

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