Ascentify Learning Media acquired by ADEC Innovations in cross-border transaction

On June 30, 2018, ADEC Innovations announced that it had acquired Ascentify Learning Media Inc., an Ottawa-based firm that specializes in developing cloud-based development solutions that integrate job skills, communication, and language learning.

The acquisition was completed by ADEC Innovations' FirstCarbon Solutions Corporation, as the purchaser, and Ascentify Learning Media Inc.

ADEC Innovations is an impact investing company focused on designing, developing, and delivering a comprehensive and cutting-edge portfolio of sustainable business solutions to meet the environmental, social, and governance thrust of the world's leading organizations.

Derek Keay of Gowling WLG advised Ascentify in this transaction.