The shareholders of Granada Learning Group

On 15 March 2012, Veronis Suhler Stevenson ("VSS") and management completed the disposal of Granada Learning Group Limited ("GL") to Investcorp.

Established more than 30 years ago, GL is the UK's leading independent provider of "high stakes" pupil and whole school educational assessment solutions, i.e. assessments used by teachers as the key determinant for making significant decisions about the direction and nature of pupils' learning journeys. The group comprises two business units, GL Assessment and GL Performance, which together deliver various integrated resources and services to more than 12,500 schools to provide teachers with the tools they require to raise standards in children's education.

Canaccord Genuity acted as sole financial advisor to the shareholders of GL.

VSS is a mid-market private equity fund that invests in the information, education, media, communications and business services industries in North America and Europe.

Investcorp is a provider and manager of alternative investment products, serving high net worth private and institutional clients. Their corporate investment team, based in London and New York, targets investment opportunities in mid-size companies in North America and Western Europe.