Investcorp Snags Student Assessment Co. From PE Firm
Investcorp, an affiliate of Bahrain's Investcorp Bank BSC, acquired GL Education Group, which provides cognitive, psychological and academic aptitude evaluations to 15,000 schools in the U.K., according to parallel statements the companies issued Monday.
Investcorp did not disclose financing terms.
"GLE is one of the leading businesses in the high-stakes education assessment market," VSS partner Morgan Callagy...
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