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New Deal


Announced

Completed

Carlyle Group-backed Accelerate Learning completed the acquisition of Study Edge.

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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Acquisition

Education Services

education

United States

Private

Friendly

Ebooks

Majority

Single Bidder

Completed

internet

Domestic

Private Equity

Synopsis

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Carlyle Group-backed Accelerate Learning, a company which offers online courses, learning programs and e-learning services for students, completed the acquisition of Study Edge, a tutoring service in Gainesville, Florida. Financial terms were not disclosed. “With the addition of Study Edge, we will now offer a complete K-12 curriculum for math, but what’s more important is what our combined solutions can do for students and teachers. Like STEMscopes, Math Nation has a proven track record of improving students’ pass rates on state assessments and positively impacting diverse student populations. We look forward to seeing what schools can achieve in the months and years ahead with our expanded curriculum and capabilities,” Philip Galati, Accelerate Learning President and CEO.

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