Announced
Completed
Financials
Tags
Private
Single Bidder
United States
education technology
Completed
Acquisition
Education Services
Majority
Friendly
Private Equity
Domestic
Synopsis
BV Investment Partners, a middle-market private equity firm, completed the investment in StraighterLine, an education technology company. Financial terms were not disclosed. "StraighterLine's differentiated platform better addresses the needs of modern learners, demonstrably improves student outcomes and drives better skill development, student retention and graduation rates for its partner institutions. We see meaningful opportunity to accelerate the company's growth and are excited to support CEO Burck Smith and President David Parento, and their top-tier team in the education technology space - a space very familiar to BV," Justin Harrison, BV Investment Managing Partner.
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