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New Deal


Announced

Completed

Sumeru Equity-backed GoGuardian completed the merger with Pear Deck.

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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Domestic

student engagement platform

United States

Acquisition

Private

Single Bidder

online services

Friendly

Private Equity

Digital Services

Merger

Completed

Synopsis

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Private equity firm Sumeru Equity-backed GoGuardian, a K-12 EdTech company, completed the merger with Pear Deck, a student engagement platform. Financial terms were not disclosed. The merger brings together two of the fastest-growing companies in education under a single umbrella and will enable a strong partnership that drives expansion into new, but interconnected growth areas, while supporting both organizations’ longstanding missions to help ensure K-12 learning environments are safer and more engaging for students. “Over the past five years, that focus has manifested as a set of tools that are simple, effective, and improve outcomes for all learners. We’re eager to team up with GoGuardian to develop new, innovative solutions to support educators, students, and leaders,” Riley Eynon-Lynch, Pear Deck Co-Founder and CEO.

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