Adam Street Advisers is pleased to announce that it has advised US-based Ascend Learning on the sale of UK-based awarding organisation Active IQ to educational charity NCFE.
Active IQ, an awarding organisation and apprenticeship end-point assessment organisation, focused on qualifications and career pathways in the physical activity and wellness sector, will continue to operate independently with all current colleagues retained, in recognition of their specialist expertise and customer relationships.
Ascend Learning was acquired by Blackstone and Canada Pension Plan Investment Board (“CPPIB”) in 2017.