The shareholders of Ten Education Limited, following the demerger of the business from Ten Group, have announced the sale of the company to Isfield Investments, a private investment firm, for an undisclosed consideration.
Ten Education provides support to school leaders via its The Key and Ten Governor Support services. These are subscription services which give members access to a database of articles covering topics relevant to their professional roles. Ten Education had grown rapidly and served around 25% of UK schools.
Isfield Investments is the personal investment vehicle of Ian Armitage, former head of Hg Capital.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
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