(MENAFN) Bahraini Investcorp, an investment manager, announced it has sold The Test Factory, an assessment technology supplier based in the northeast of England, to UK-based GL Education Group (GLE), a leading provider of formative assessments, Gulf Daily News reported.
GLE will seek to continue the continuing growth of The Test Factory's business and technology as well as offering strategic assessment and analytical solutions for corporate and educational customers.
"Investcorp works closely with all its portfolio company management teams and this acquisition, once again, highlights our ability to identify high quality investment opportunities, intended to add value for all stakeholders," Investcorp's Gulf Business President said.
.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.