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New Deal


Announced

K12 to acquire MedCerts for $70m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4x
EV/EBITDA17.5x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

career certification training

Single Bidder

United States

Friendly

Education Services

Private

Majority

Domestic

Pending

Synopsis

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K12, a for-profit education company that sells online schooling and curricula, agreed to acquire MedCerts, an online training provider, for $70m. "At MedCerts, we are passionate about creating opportunities for everyone to pursue a better future and a fulfilling career. We are proud to have the backing of a known disruptor and innovator like Stride, as we look to unlock the potential of more students who want to make a difference in their careers and in their communities," Jason Aubrey, MedCerts CEO.

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