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New Deal


Announced

Completed

Educational Testing Service completed the acquisition of Vericant.

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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China

Single Bidder

online platform

Online and Social Platforms

Completed

Private

video interviewing

Acquisition

Private Equity

Cross Border

Majority

Friendly

Synopsis

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Educational Testing Service, a private equity investment firm, completed the acquisition of Vericant, a provider of a video-based interviewing platform. Financial terms were not disclosed. "Our broader vision is to have a video interview with every application to the institutions. We have spent years focused on developing and delivering the tools, systems and expertise of our interviews-as-a-service solution to institutions and students worldwide and I can't think of a better way to continue to expand our impact than by joining ETS," Guy Sivan, Vericant CEO.

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