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New Deal


Announced

NexPhase-backed KnowFully Learning Group to acquire Creative Educational Concepts from The Income Tax School.

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

Majority

Friendly

education services

Single Bidder

Private

Education Services

Pending

Private Equity

United States

Acquisition

Synopsis

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NexPhase-backed KnowFully Learning Group, an end-to-end professional education platform, agreed to acquire Creative Educational Concepts, an inter-professional continuing education for physicians, pharmacists, nurses and related members of the healthcare team, from The Income Tax School, a national standard for tax preparation training and provides e-learning. Financial terms were not disclosed. "Creative Educational Concepts has a strong reputation in continuing medical education and provides a new depth and breadth to KnowFully's healthcare education. We're excited for Dr. Fowler, along with rest of the CEC team, to join the KnowFully family and bring their unique approach to a wide spectrum of therapeutic areas, healthcare professionals and formats," Eric Cantor, KnowFully CEO.

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