Mintra Training Portal has joined forces with Norwegian software firm OCS HR as part of ambitious growth plans.
It is the latest development in the Mintra story. In 2014 the Riverside Company, a private equity firm, invested in Mintra as a majority shareholder along with the company’s employees and the new deal continues the evolution.
OCS provides HR, crew scheduling and payroll software for the maritime and oil and gas industries, which greatly complements Mintra’s existing offering of HSE compliance training products through its proprietary e-learning platform.
OCS’s software suite allows customers to efficiently automate complex HR processes – including payroll for multiple tax jurisdictions, competence management and training as well as crew rotation planning - to save time and cost.
The new group will be ideally positioned to serve two highly regulated and complex industries.
Riverside Company partner Thomas Blomqvist said: “The combination of Mintra and OCS will create an integrated market leader that is able to offer a comprehensive HR management solution. This also opens the maritime industry to Mintra’s e-learning and training solutions.”
The addition of OCS will also help Mintra’s international expansion, with OCS benefiting from a global client base and a newly established Singapore location.
Having completed more than 410 transactions worldwide, Riverside has experienced teams of professionals across the globe ready to help internationalise its portfolio companies.
Mintra CEO Scott Kerr said: “We’re excited about combining these two companies, and the strong value proposition that we will be able to offer our customers. Mintra and OCS have many logical touching points and already have a strong cooperation, which we will continue to build on in order to offer our customers the most cost-efficient HR and training solutions.”
Riverside continues to explore add-on opportunities for Mintra that can expand its geographic reach, capabilities and client base. Riverside has to date completed more than 50 and 60 deals in its education and training and software and IT industry specialisations.
For further information visit www.mintragroup.com.