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Adayana, Inc. Acquires Gradepoint, a Detroit-Based Enterprise Learning Company
Date:1/15/2009

DETROIT, Jan. 15 /PRNewswire/ -- Adayana, an Indianapolis-based firm that improves organizational success through human capital development, and Gradepoint, an enterprise learning company in Detroit, Michigan, have finalized an agreement to merge. Gradepoint operations will form the basis of the new Adayana Healthcare Group.

Established in 1999, Gradepoint develops enterprise learning programs through four unique services: enabling corporate learning centers, developing learning programs, providing learning technology consulting, and managing the complete learning environment.

"Gradepoint has proven experience in creation and management of strategic enterprise learning programs, which complements Adayana's commitment to helping clients develop their human capital and improve organizational performance," said Mike Jackson, Adayana President and CEO. "Additionally, Gradepoint's proven Managed Learning Environment (MLE), which simplifies the development, delivery and tracking of classroom, web-based and live online training, aligns with Adayana's strategy to serve our clients through Managed Learning Services."

This is the third time in three years that Adayana has successfully acquired and integrated a vertical-market learning-services and performance-improvement company. Early in 2008, Adayana merged with VERTEX Solutions, a learning-services firm in Falls Church, Virginia. Adayana and Indianapolis-based ABG, Inc., a leading learning and performance-solutions company in the agriculture, food and life sciences sectors, merged in 2005.

"Becoming part of the Adayana family provides Gradepoint with a stronger capital base and greater opportunity for global growth," said Shail Arora, former CEO of Gradepoint who becomes the senior leader of the Adayana Healthcare Group. "Joining Adayana presents more opportunities to expand our services, develop and attract employees and accelerate our growth."

ABOUT ADAYANA

Adayana serves clients worldwide. With more than 360 employees in 12 U.S. locations and India, Adayana focuses on four broad, global vertical markets - Federal governments through VERTEX; agriculture, food, life sciences, services and non-profit sectors through ABG, the automotive aftermarket through Adayana Automotive and the healthcare sector through Adayana Healthcare. Adayana's comprehensive human capital development and organizational performance improvement services include technology-enabled and blended learning, enterprise effectiveness solutions, technology integration, channel messaging, and managed learning services.

ABOUT GRADEPOINT

Gradepoint has been providing leading solutions to its clients in the United States and the United Kingdom since 1999. The company serves global clients in diverse markets including healthcare, manufacturing, retail, government, and education from their offices in Detroit, Michigan and the United Kingdom. Gradepoint develops enterprise-learning programs for organizations that lead to measurable results focused on consistent business practices, higher productivity and increased revenue.


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