Certinvest acquired 10% of Ascendia’s share capital, completing its portfolio with a new alternative zone, attractive for investments.

Certinvest and Ascendia jointly target to support the latter throughout the listing process on Bucharest Stock Exchange’s alternative trading system AeRO, a process administered by brokerage company Intercapital Invest.

Certinvest will put at Ascendia’s disposal the expertise of the management team, supporting it with its growth plans, both locally and abroad, and with the implementation of corporate governance standards specific to a listed company.

Ascendia is one of the promoters of technology-based education, boasting a 9-year experience in the development of educational software and eLearning platforms on the Romanian market. The company’s main business lines consist in developing digital content for school and pre-school children, training platforms and content for companies, as well as research and development (R&D) projects in the field of education through digital instruments.