Announced
Completed
Financials
Sources
Tags
professional development platform
Digital Services
United States
digital services
Acquisition
Domestic
Majority
Private
Friendly
Single Bidder
Completed
Synopsis
Ascent, a private loan organization, completed the acquisition of Ampersand, a workforce development training platform. Financial terms were not disclosed. "This move strengthens our ability to maximize outcomes by eliminating the education-to-employment skills gap, and further positions Ascent as a leader in student success focused on driving positive outcomes. Ampersand's custom tools and learning modules will continue to optimize the journey for our customers from classroom to career as they build confidence, secure jobs with livable salaries, and become successful members of the workforce," Ken Ruggiero, Ascent Co-Founder and CEO.
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