CVC Capital Partners has agreed to acquire UK-based QA, a provider of IT education and skills. The seller is Bregal Investments. No financial terms were disclosed.
Bregal Investments (“Bregal”) and CVC Capital Partners (“CVC”) announced today that funds managed by Bregal Capital LLP and advised by EMK Capital LLP have agreed to sell QA, the UK’s leading provider of IT education and skills, to CVC Fund VI. QA’s management team will retain a significant stake in the company. The financial terms of the transaction were not disclosed.
Under the leadership of CEO, William Macpherson, QA has developed organically and through strategic acquisitions, helping more than 5,000 corporate and public sector clients meet their increasing IT and business skills requirements. QA operates across a number of verticals: QA Learning, its professional training business; QA Apprenticeships, its work-based apprenticeship business; QA Consulting, its technology skills solutions business; and QA Higher Education, providing undergraduate and postgraduate degrees.