Education

NCP's track record of identifying and executing on acquisition opportunities was key for Infobase.

The PE firm is launching a new education platform called Axcel. 'Professional education is being reinvented and reimagined as we speak,' says Axcel CEO Jonathan Zeidan.

The portfolio company will "benefit from added resources to scale their business and address the heightened levels of learnings loss in students across the country resulting from the pandemic," said Alpine's Dan Sanner.

The industry is non-cyclical, often produces recurring revenue and has predictable expenditures and cashflows.

'The challenge is sifting through the Covid noise and determining what is permanent versus temporary,' says Hendrickson.

Neovation Learning Solutions, a Winnipeg-based online training and e-learning solutions company, has secured a minority investment.

OMERS Private Equity has agreed to acquire a 25 percent interest in International Schools Partnership, a London, UK-based group of 50 international schools.

Axonify, which is backed by JMI Equity, has acquired Atlanta-based MLevel, a digital learning platform.