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New Deal


Announced

Completed

General Atlantic led a $1.5bn Series A round in Articulate.

Financials

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Transaction Value£1,083m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

online learning platform

screen recordings

e-learning

Friendly

Software

Minority

Private

Venture Capital

United States

Private Equity

Completed

Acquisition

Single Bidder

edtech

Synopsis

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General Atlantic led a $1.5bn Series A funding round in Articulate Global, a software solutions provider to ed-tech firms. Additional investors include Blackstone and ICONIQ. “We strategically selected General Atlantic, Blackstone, and ICONIQ Growth as investors for their combined strengths, including deep operational expertise, proven experience growing cloud-based SaaS companies, and an extensive network of resources to help us scale rapidly. Moreover, all three partners support our passionate commitment to building a human-centered organization," Lucy Suros, Articulate President.

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