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New Deal


Announced

Completed

BV Investment Partners completed the investment in StraighterLine.

Financials

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

Tags

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Private

Single Bidder

United States

education technology

Completed

Acquisition

Education Services

Majority

Friendly

Private Equity

Domestic

Synopsis

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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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