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New Deal


Announced

L Squared Capital Partners to acquire Literacy Resources.

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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Education Services

United States

Single Bidder

Private

phonological awareness

Cross Border

Private Equity

Majority

Friendly

Acquisition

Pending

Synopsis

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L Squared Capital Partners, a private equity firm, agreed to acquire Literacy Resources, a early childhood literacy solutions provider offering a comprehensive suite of phonemic and phonological awareness solutions. Financial terms were not disclosed. “Heggerty has differentiated itself by offering efficacious and engaging literacy solutions to the marketplace. The affinity with educators – both teachers and administrators – speaks volumes about Heggerty’s unique ability to address one of the largest challenges facing the education sector today,” Randall Hunt, L Squared. Partner.

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