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ICS Learn

ICS Learn is a leading online professional education platform offering learners flexible courses, accredited by industry-leading awarding bodies in human resources, accounting and fitness.


ICS Learn is a long-established education brand, and currently educates over 15,000 active students in the UK and overseas. Headquartered in Glasgow, the business provides flexible digital learning for market-leading professional qualifications. It is an accredited online training centre for qualifications including CIPD, the gold-standard globally recognised HR qualification, and AAT for finance professionals. The buyout from a syndicate of private vendors was led by Colin Kennedy, the Chief Executive Officer (CEO).

The Big Idea

The business operates in growing end-markets, and increasing uptake of flexible, online learning is further disrupting these markets in ICS Learn’s favour. Its learner base is self-motivated, often focused on career development or career change, and proprietary educational content is delivered through best-of-breed technologies, supported by a network of over 60 expert tutors. ICS Learn’s student-focused delivery model has enabled it to forge a leading reputation and its digital platform offers a scalable business model.

The Grand Plan

ICS Learn’s strong market position, the quality of its flexible learning solutions and its well-established relationships with awarding bodies provide high barriers to entry for competitors. There remains significant growth in the business’s existing end-markets, and there is further opportunity through the delivery of both current and new qualifications into new customer sets. The business has a meaningful international presence and its digital delivery model should facilitate greater expansion of this. We will continue to invest in ICS Learn’s digital course content, learning technology and marketing capabilities. In October 2020 ICS acquired Development Processes Group to expand the audience looking to develop their careers, and in addition completed the aqcuisition of Acacia Learning in January 2021.

The Bottom Line

ICS Learn is established as a leading online professional education specialist, a reputation we wish to enhance as the business continues to deliver high quality content and qualifications. The management team is experienced and has overseen impressive growth, and our business plan represents a continuation of this highly successful strategy, further supported by increased investment in technology and people to accelerate future growth.

ICS logo

Investment Summary

Date of investment:  May 2018
Deal status:  Current

Company website:
For more information talk to:  Oliver Melliss or Alec Parkinson


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