Compunnel Completes the Strategic Acquisition of Challenge Training & Consulting, Inc., a Premiere Learning Solutions and Human Capital Services Provider

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Compunnel’s Learning Division, InfoPro Learning will expand its client base while further diversifying its portfolio of Learning & Development consulting capabilities. In addition, Compunnel’s Staffing Division will add additional contingent workforce placements to its extensive portfolio of clients.

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"The acquisition enables us to accelerate our overall business growth plans and respond to the growing Learning & Development and Human Capital requirements for our clients”, said Andy Gaur, Compunnel's CEO.

Compunnel Software Group, Inc., a leading business technology services company announced today that it has acquired Challenge Training & Consulting, Inc., a premiere Learning Services, Staff Augmentation and Consulting company with a twenty year history of providing innovative learning, human capital and staffing solutions globally. Challenge Training & Consulting is headquartered in Lyndhurst, New Jersey. The financial terms associated with the acquisition were not disclosed.

"We are excited to add Challenge Training & Consulting, Inc., to the Compunnel and InfoPro Learning families and to have Frank Pinto, former CEO of Challenge Training Consulting Inc., join us as a Director who will be working closely with Compunnel’s Staffing Division along with our InfoPro Learning Division to successfully deliver integrated solutions to our company’s clients. Frank’s successful leadership and ability to manage his team in developing and delivering world class Learning and Human Capital Solutions; while building strong partnerships and value based relationships with clients will align very well with our business model", said Andy Gaur, Compunnel’s CEO.

Mr. Gaur was equally excited to welcome Ruth Brown to the company as well. “Ms. Brown, a former Managing Director with Challenge Training & Consulting will join us in a Senior Sales & Delivery capacity bringing years of experiences in selling and managing the delivery of L&D and Human Capital solutions to her diverse portfolio of clients. The acquisition enables us to accelerate our overall business growth plans and respond to the growing Learning & Development and Human Capital requirements for our clients. In its twenty year tenure, Challenge Training & Consulting has achieved great success and long-term relationships with numerous North American clients, and we look forward to supporting these clients even more with the full range of our service offerings.”

Challenge Training & Consulting, Inc. has been strongly committed to increasing its client’s levels of productivity and bottom-line performance through innovation and personal service, while ensuring the highest level of customer satisfaction by producing quality deliverables and provisioning consulting resources that consistently exceed expectations on time and within budget.

Compunnel has placed thousands of IT consultants worldwide through its extensive IT Staff Augmentation solutions practice, serving Fortune 500 companies and large enterprises. InfoPro Learning (a Compunnel Company) is one of the world’s leading providers of learning and training solutions and helps organizations rapidly transform talent by focusing on Learning for Performance. A global, award-winning learning and training solutions company for nearly 20 years, InfoPro Learning provides performance improvement strategies, blended learning solutions and managed training programs.

To learn more about Compunnel’s extensive IT staffing solutions, call us at 609-606-9010,
visit http://www.compunnel.com or email us at contact(at)compunnel(dot)com.

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Sam Handa, Associate Director of Marketing
Compunnel Software Group, Inc.
+1 (609) 606-9010 Ext: 1369
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