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Announced

Morgan Stanley Capital Partners-backed Educate 360 Professional Training Partners completed the acquisition of Pierian Data.

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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technology training platform

United States

Private

Education Services

Completed

Domestic

Friendly

Acquisition

Majority

Single Bidder

education services

Private Equity

Synopsis

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Morgan Stanley Capital Partners-backed Educate 360 Professional Training Partners, a technology education services provider, completed the acquisition of Pierian Data, a provider of high-quality technology training. Financial terms were not disclosed. "We are incredibly excited to have Pierian Data as part of Educate 360. Pierian's offering, such as the leading course in Python, fills a continuously growing need in an economy driven by digital transformation. We're proud to be able to offer existing and new customers, both individuals and enterprises, the opportunity to take these courses to expand their skills and talent in data science, which is a crucial skill area for companies' success," Jason Cassidy, Educate 360 CEO.

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