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New Deal


Announced

Completed

OTPP led a $300m Series D round in ApplyBoard.

Financials

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Transaction Value£212m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Canada

Acquisition

Online and Social Platforms

Completed

Single Bidder

Friendly

Cross Border

education technology

Private Equity

Venture Capital

Private

Synopsis

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Ontario Teachers’ Pension Plan Board led a $300m Series D round in ApplyBoard, the online platform that empowers students around the world to access top quality education, with participation from Fidelity Management & Research Company, BDC, Harmonic, Index Ventures, Garage Capital and Blue Cloud Ventures. "Education has the power to change lives and bring peace to the world, and ApplyBoard is more committed than ever to helping the millions of students who are dreaming of studying abroad," Martin Basiri, ApplyBoard CEO.

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