Announced
Synopsis
A leading global private equity investment firm with $30bn of equity capital under management, sold its portfolio company Constructive Media, LLC to Sandbox & Co. Financial terms were not disclosed. CM is one of the largest digital media platforms at the intersection of education and casual gaming. The Company has curated and developed a large selection of highly entertaining thinking games across a range of genres and age groups for desktop and mobile. “We have enjoyed partnering with HIG over the past few years. Our team has valued the continued support and leadership provided throughout our partnership as we worked to achieve our goals and growth initiatives. We are excited to join Sandbox and its portfolio of complementary companies.” Greg Barlow, Constructive Media CEO.
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