Marlowe specialises in business-critical services, while DeltaNet provides accredited health and safety and HR e-learning courses

Loughborough-based tech firm DeltaNet International has been sold for £3 million to Marlowe.

DeltaNet, established in the late 1990s, provides accredited health and safety, compliance and HR e-learning courses to companies across the UK and internationally.

It employs 36 staff, around half of whom are involved in content development and software and app design.

London-based Marlowe specialises in business-critical services and software which assure safety and regulatory compliance and this acquisition will bolster its position in the UK’s health and safety market.

DeltaNet’s managing director Darren Hockley said: This acquisition is very important for our continued growth and we’re pleased to align ourselves with a well-established presence like Marlowe.

Businesses are increasingly looking to work with companies that deliver a broader, more comprehensive service and collectively we can now fulfil more of their needs, he said.

Hockley said, we are proud of what we’ve achieved together since 1999 and equally excited about what lies ahead, where we are taking the company and how we are looking after our clients. We have exciting plans for the ongoing growth of the business this year and beyond.

Alex Dacre, chief executive of Marlowe, added: The acquisition of DeltaNet broadens the group’s expertise in health and safety and compliance and provides Marlowe with new opportunities for growth in the highly complementary e-learning market.

Deltanet brings more than 600 new customers, including international blue-chip companies, who will be able to benefit from Marlowe’s business critical service and software. We are confident that this acquisition will generate attractive returns for Marlowe’s shareholders.

The corporate finance team at Smith & Williamson in Birmingham advised DelatNat on the deal, with legal advice from Squire Patton Boggs.