360 Training Acquires Physical and Virtual Training Platform TIPS
McLean, Va., October 4, 2021 – 360training announced it has acquired TIPS (Training for Intervention ProcedureS), a 41 year old online and on-premise training platform. The McLean Group advised TIPS on its sale; the terms of the transaction were not disclosed.
Tom Anderson, CEO of 360training, noted that “360training and TIPS is a union that just makes sense. The TIPS brand was founded to enhance public safety through education about the responsible sale, service, and consumption of alcohol, which echoes 360training’s mission of enabling a safe environment through regulatory training. By combining our resources, we’re able to enhance public safety for communities across the nation.”
TIPS (Training for Intervention ProcedureS) was founded 41 years ago, in 1979, by Dr. Morris Chafetz, founding director of the National Institute on Alcoholism and Alcohol Abuse. His goal in creating the first TIPS program was to constitute a curriculum that would give alcohol servers the skills and confidence required to protect their customers from becoming overly intoxicated.
Since then, led by Adam Chafetz, TIPS has expanded to include additional consumer programs, including TIPS for Off-Premise and TIPS for the Workplace. This established TIPS as a credible resource for information in preventing intoxication. Their data has been used in courts, by liquor boards, and internally by corporate clients.
360training is in partnership with GreyLion Capital, a private equity firm that invests in high-growth businesses. Since GreyLion’s investment, 360training has been focused on accelerating organic growth and acquiring companies that align with 360training’s mission to provide enhanced training solutions across regulated markets. 360training acquired TIPS in large part because the same goals fundamentally drive the two companies.
ABOUT 360Training
Since 1997, 360training.com, Inc. has provided individuals and businesses with online regulatory-approved training, facilitating a safe, healthy environment for the communities they serve. The company has delivered over four million training plans across multiple brands, including Meditec, AgentCampus, VanEd, OSHAcampus, OSHA.com, and Learn2Serve. To learn more, please visit www.360training.com
ABOUT TIPS
TIPS (Training for Intervention ProcedureS) is the global leader in education and training for the responsible service, sale, and consumption of alcohol. Over the past 41 years, TIPS has certified more than 5 million participants and trainers across multiple websites, including GetTIPS.com and affiliate partners TIPSCertified.com and TIPSAlcohol.com. TIPS alcohol seller-server training is conducted in all 50 states, the District of Columbia, and in over 50 different countries. All of this has been done with one purpose in mind—to educate and inform the public about the responsible sale, service, and use of alcohol.
ABOUT THE MCLEAN GROUP
The McLean Group is a 25-year-old boutique investment bank and financial services firm focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure and Maritime markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions or growth capital, our services are unmatched in these core markets.
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