Apiary invests in ACC

The firm is currently investing from Apiary Capital Partners I, which closed on £200m in July 2018. It invests in companies with enterprise values of £10-75m.

Apiary's investment is intended to allow ACC to continue to develop its existing facilities, grow enrolments at its campuses, develop new properties, and expand its apprenticeship provision with National College Creative Industries.

Jo Johnson, former Minister of State for Universities, has joined the board as chairman.

Company
ACC is a provider of education in the creative industries to 16-19-year-olds. It offers courses in computing, games, media, music and events at specialist campuses in London, Birmingham, Manchester, Bristol, York, Lincoln, Norwich and at other locations with partnership providers. Founded in 2002, the company is based in London.

People
Apiary Capital – Mark Salter (managing partner).

Advisers
Company – Clearwater International, Marcus Archer, Rob Burden, Richard Ellis, Mark Maunsell (corporate finance); DLA Piper (legal); Browne Jacobson (legal).

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