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New Deal


Announced

Completed

Centre Lane Partners completed the acquisition of Turning Technologies from Brockway Moran & Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data collection solutions

Acquisition

Completed

United States

Majority

Friendly

Software

Private Equity

web-based assessment delivery

Private

Single Bidder

Synopsis

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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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