Announced
Completed
Financials
Tags
data collection solutions
Acquisition
Completed
United States
Majority
Friendly
Software
Private Equity
web-based assessment delivery
Private
Single Bidder
Synopsis
Centre Lane Partners, a private investment firm focused on making equity and debt, control and non-control, investments in North American middle market companies, completed the acquisition of Turning Technologies from Brockway Moran & Partners, which makes engagement software and audience response technology to enhance learning experiences. Financial terms were not disclosed. “We are thrilled about this partnership as Centre Lane provides Turning access to financial resources and technical expertise that will accelerate our momentum and expand the capabilities of our comprehensive learning platform. Our development plans are ambitious, and with Centre Lane’s support, we will achieve these goals sooner while continuing to delight clients with excellent solutions and service,” Ethan Cohen, Turning Technologies CEO.
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