Global performance improvement solutions provider GP Strategies Corporation (NYSE: GPX) announced that it has acquired TTi Global, a provider of training, staffing, research and consulting solutions to the global automotive industry and other key sectors. This acquisition significantly enhances GP Strategies' service offerings and customer base in the automotive industry, adding service training and multiple new markets, customer relationships and capabilities.

TTi Global highlights include:

• Founded in 1976 and headquartered in Bloomfield Hills, Michigan
• Operates globally with offices in Australia, Brazil, Chile, China, India, Japan, Mexico, Peru, South Africa, Thailand, The Philippines, United Arab Emirates, United Kingdom and the United States
• Offers a wide range of services, including technical and non-technical training, staff augmentation services and global research consulting
• Annual revenues of over $50 million expected

"The TTi acquisition is an important step in our progress towards the financial goals set forth in our previously disclosed long-term strategic plan, and most importantly putting GP Strategies back on a growth track," stated Scott N. Greenberg, Chief Executive Officer of GP Strategies. "This acquisition is directly aligned with our strategy of accelerating growth in the automotive industry, a large market with significant growth potential for our business."

"The addition of TTi Global enhances GP Strategies' global platform as a comprehensive training provider, providing us with greater scale and depth of services to capitalize on global training opportunities," stated Adam H. Stedham, President of GP Strategies. "This acquisition will deliver immediate benefits to GP Strategies, giving us the ability to provide complete training services for dealership sales and service staff, as well as increased capability across Asia and Latin America in both automotive and non-automotive markets. In addition, this acquisition adds staff augmentation as a new service line for GP Strategies, allowing us to serve our clients' staffing needs. As clients continue to look for ways to transform their business and enhance customer experience, we are now better positioned to help them on that journey."

"The opportunity to join GP Strategies is exciting," said Lori Blaker, President & Chief Executive Officer of TTi Global. "Our shared expertise and experience in the automotive industry will enable us to broaden and deepen the value we deliver to our clients. Our combined leadership enhances our ability to serve as an automotive strategic partner."

About TTi Global 

TTi Global provides staffing, learning, research and consulting solutions to industries across various sectors with automotive as a core focus. TTi Global oversees operations on six continents with offices spanning the globe. With a staff of over 1,100 employees in international operations, they offer a wide range of services, tailor made to drive business goals, including business consulting, research, staffing, workforce development and learning solutions. TTi Global world headquarters are in Bloomfield Hills, Michigan.

About GP Strategies

GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, digital learning strategies and solutions, management consulting, and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting, and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.