Private equity firm MidOcean Partners has acquired Global Knowledge, a provider of information technology and business skills training.

Financial terms were not disclosed.

The companies announced the deal Tuesday morning.

Brian Branson, the chief executive officer of Global Knowledge, will stay in that job, the companies said.

Global Knowledge employs more than 1,300 people around the world. The company says it trains more than 250,000 a year.

“Our new relationship with MidOcean will enable us to accelerate our growth plan and our response to the changing market needs for high quality IT and business skills training,” Branson said in a statement. “We look forward to working with MidOcean to further develop and deliver innovative training solutions.”

Jim Kelly of MidOcean was named executive chairman of Global Knowledge.

Doug Fox, a former senior vice president of marketing at Compaq, was also named to the Global Knowledge board by MidOcean.

“We are very pleased to partner with the superb management team at Global Knowledge,” said Tyler Zachem, a managing director at MidOcean. “This investment provides us the opportunity to support this exceptional company, which is well positioned to excel in a fragmented but robust corporate training market. We believe the company has tremendous growth prospects as the need for quality technical training remains a critical component to IT and business professionals at organizations of all sizes.”

Global Knowledge offers training in a wide variety of technical skills such as Cisco, Microsoft and Red Hat related products, software and equipment. It also offers leadership and business process improvement training.

MidOcean makes investments of no less than $25 million, according to its website. It has offices in New York and London.

Get the latest news alerts: Follow WRAL Tech Wire at Twitter.