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New Deal


Announced

Noodle Partners completed the acquisition of HotChalk.

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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Acquisition

elearning solutions

Digital Services

Completed

Friendly

Domestic

Single Bidder

United States

Majority

online education

education analytics

Private

academic solutions

Private Equity

Synopsis

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Noodle Partners completed the acquisition of HotChalk, an online education program manager. Financial terms were not disclosed. "Noodle is growing quickly. What is most important to us as we achieve scale is that we are extremely thoughtful about who joins our ranks. HotChalk had been on our radar for years as a competitor. This represents a crucial step for our growth not just as a network, but as the most trusted source of expertise in all of online higher education," Meredith Ruble, Noodle CFO.

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