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New Deal


Announced

Completed

K12 completed the acquisition of Galvanize for $165m.

Financials

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Transaction Value£126m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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education technology

Acquisition

Single Bidder

United States

Private

Education Services

Friendly

Majority

Domestic

Private Equity

Disposal

Completed

Synopsis

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K12, a for-profit education company that sells online schooling and curricula, completed the acquisition of Galvanize, a school for entrepreneurs, engineers, and data scientists, for $165m. "I am proud to join K12 in our shared goal to bridge the gap between industry demands and education. Together, we will prepare more learners to thrive in the modern digital economy. The K12 team believes in Galvanize’s mission to teach industry-relevant skills and lifelong learning techniques. I’m looking forward to continuing our work to make people’s lives better and to make education more accessible and more affordable," Harsh Patel, Galvanize Chief Executive Officer.

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