learndirect is a leading provider of online learning focused on adult education in teaching and education, healthcare, and nursing. Through its strong relationships with awarding bodies it delivers level 3-5 education in a highly effective and supportive online format that boasts high levels of customer satisfaction and strong completion rates. The business sits in the larger European e-learning market that is anticipated to grow at a 15% CAGR to £63bn by 2023.
Sitting firmly in one of QPE’s key sectors of focus, learndirect offers a compelling platform to consolidate the fragmented adult learning market and benefit from strong trends towards online learning that have only been reinforced with the onset of COVID-19. Demonstrating a 31% revenue CAGR across the past 3 years, its leading brand name, proprietary technology, and regulated courses lead to high barriers to entry, positioning the business well to take advantage of a fast-growing subsector and outpace the market.