Tyneside educational awarding organisation NCFE has acquired a company operating in the leisure and wellbeing sector.
In an undisclosed deal, the Quorum Park-based firm bought the £3.9m-turnover Active IQ in a move designed to offer a broader portfolio of qualifications for customers. The registered charity said Active IQ, which employs around 40 people and last year posted an operating loss of £591,000, would continue to operate independently.
Huntingdon-based Active is an awarding organisation and 'apprenticeship end-point assessment organisation' (EPAO) focused on qualifications and career pathways in the physical activity and wellness sector. NCFE said its focus was securing the future of the business and ensuring its positive impact on more learners.
