Insider Buying @ GP Strategies Corporation
Since May 10, 2012, Sagard Capital Partners, L.P. (“Sagard”) has purchased 74,438 shares of GP Strategies Corporation (GPX) stock, or $1.1 million worth, in the open market at share prices ranging from $14.99 to $15.83, based on SEC filings through May 30, 2012. Over the past twelve months, Sagard has purchased 557,775 shares of GPX stock, or $7.2 million worth, at share prices ranging from $12.22 to $15.83. Over the same twelve-month time period, Sagard has sold no shares of GPX stock.
Daniel M. Friedberg serves on the Board of Directors of GPX. Mr. Friedberg has been President and CEO of Sagard Capital Partners Management Corporation, the investment manager of Sagard, since its founding in 2005. Prior to Sagard, Dan was a partner at Bain and Company, where he led the firm’s New York and Canadian Private Equity Businesses. Dan joined Bain in 1987 in the London office, and was a founder of the Toronto office in 1989 and the New York office in 2000. Over the past 12 months, Friedberg Dan has sold no shares of GPX.
