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/PRNewswire/ The Gardner School, an academically focused childcare provider with twenty-four schools in seven states, announced the acquisition of The. ....
K-12 Dealmaking: Kahoot Acquires Clever, in Deal Combining Game-Based Platform and Single-Sign-On Provider Kahoot, a game-based learning platform, will acquire San Francisco-based Clever, a single-sign-on platform widely used in K-12, in a transaction that will carry a value of $435 million to $500 million, Kahoot announced. The Norway-based company touted the deal as one that would bring together businesses with “complimentary strengths” if very different product lines with a focus on the U.S. market, where Kahoot has established a major footprint in recent years. Kahoot will acquire all of Clever’s shares on a cash and debt-free basis, and the consideration will consist of a combination of cash and Kahoot shares. ....
Quad Partners Closes Oversubscribed Fund VI at $388 Million Hard Cap News provided by Share this article NEW YORK, May 3, 2021 /PRNewswire/ Quad Partners ( Quad ), a lower middle-market private equity firm focused on the education industry, today announced the closing of Quad Partners VI LP ( Quad VI ) at its hard cap of $388 million. The fund was raised in approximately three months and is comprised of U.S. and European institutional limited partners and family offices. Consistent with previous funds, Quad VI will seek to acquire and invest in high-quality, growth-oriented education businesses and to help them expand organically and through add-on acquisitions. Quad VI aims to invest in education technology, tech-enabled service and site-based companies with a particular focus on owner-operated businesses where the firm believes it can help drive value creation through its industry and operational expertise. ....
Fund VI aims to invest in education technology, tech-enabled service and site-based companies, with a focus on owner-operated businesses. The firm recently invested in SaaS platforms AmplioSpeech and InPlace Software and exited Learn on Demand Systems, SchoolAdmin, Cayuse and TargetX. A statement from Lincoln Frank and Daniel Neuwirth, co-founders of Quad Partners, said, “We are grateful for the longstanding partnership with our investors and welcome the new limited partners who are joining us in our efforts to build high-quality education companies.” The growth in education technology has been accelerated by the COVID-19 pandemic. According to market research firm Metaari, global investment in learning technology companies surged to $36.38bn in 2020, up from $18.66bn in 2019. The numbers of deals spiked from 896 in 2019 to 1,251 in 2020. ....
Quad Partners Takes Interest In QuantumIT, An Ed-Tech Work Integrated Learning Placement SaaS Platform Operating Across The USA, Australia And The UK prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.