Investment News | 15 November 2022
Growing IT training specialist on the move
An IT training company has moved to prominent offices on Derby’s Pride Park to accommodate future growth.
Althaus Digital, which is an IT, cyber security and digital marketing apprenticeship training company, has moved to offices formerly occupied by East Midlands Chamber, in Victoria Way.
Althaus was launched in 2019 with a focus on offering fully remote digital apprenticeship training across the UK.
It has since branched out into delivering innovative 12-week Digital Bootcamp programmes on behalf of the D2N2 Local Enterprise Partnership to tackle the growing skills gaps in the sector by enabling people to upskill online.
The company currently has 27 employees and, with plans to double in size and turnover year on year, Althaus has bought the 4,055 sq ft offices in a deal jointly secured by OMEETO and FHP Property Consultants.
Josh Stamp, co-director at Althaus, said: “Having established Althaus in Sadler Bridge Studios, in Bold Lane, we have outgrown these premises and are delighted to move into our new HQ in Pride Park.
“The offices are in a prime position with excellent transport links for our team of advisors and training consultants and gives us the capacity to expand our studio space where our online training materials are produced in-house.
“With excellent feedback in our first interim Ofsted inspection and from employers who are recognising the high quality of our provision, we predict rapid growth of the next two years, and these premises will cater perfectly for this sustained expansion.”
Chris Wright, director of OMEETO, said: “The commercial property market in Pride Park continues to be in high demand and this deal reflects the continued desire for growth amongst SMEs – particularly those focused on and servicing the growing IT and digital sectors.”
Joint agent Darren Severn, from FHP, said: “I’m pleased the sale has completed in what has been a great result for all parties.
“There continues to be a lack of good quality office buildings available on Pride Park and, as a result, capital values and rents remain strong.”
Lucy Robinson, director of resources at East Midlands Chamber, said: “We took the strategic decision earlier this year to co-locate the Derby office with the University of Derby at the Enterprise Centre and contribute to the overall regeneration of the city centre.
“We are delighted this prominent office will now support the expansion of Althaus, which has a vital role to play in addressing much-needed skills in our local and regional economy.”