GP Strategies Corporation (NYSE:GPX) signed a definitive agreement to acquire Hula Partners on December 20, 2017. GP will acquire certain assets and the business of Hula Partners. The transaction is subject to customary closing conditions, including obtaining certain consents and agreements and is expected to close on January 2, 2018. GP Strategies Corporation (NYSE:GPX) completed the acquisition of Hula Partners for $10 million on January 2, 2018. The consideration was paid in cash at closing.