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Announced

Completed

Pod Network completed the merger with STEMconnector.

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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United States

Acquisition

Domestic

Completed

education services

Single Bidder

Majority

Private

Education Services

education services provider

Friendly

Merger

Synopsis

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Pod Network, a social networking application, completed the merger with STEMconnector, a k-12 education services provider. Financial terms were not disclosed. "The technology capabilities of Pod Network will allow us to increase our collective reach and effectiveness at bridging the STEM talent gap and supporting the STEM talent needs of our members. The STEM talent gap is a critical issue for our country. The addition of Pod Network resources, fuels our ability to deliver scalable solutions that connect and strengthen the global STEM community," Amy Etten, STEMconnector Vice President.

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