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New Deal


Announced

Completed

The Rise Fund-backed DreamBox Learning completed the acquisition of Reading Plus.

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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United States

Software

adaptive reading

Completed

Domestic

Single Bidder

Friendly

reading solution

Private

Majority

Acquisition

Private Equity

Synopsis

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The Rise Fund-backed DreamBox Learning, an education technology provider, completed the acquisition of Reading Plus, an evidence-based online reading program provider. Financial terms were not disclosed. This acquisition comes as DreamBox continues to experience strong momentum, which is further validation of its strategy: best-of-breed dual-discipline solution, embedded formative assessment, robust data and analytics capabilities, and value-added services.

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