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New Deal


Announced

Veritas Capital to acquire Finalsite from Bridge Growth Partners.

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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Domestic

Pending

Single Bidder

Software

education

software

United States

Private

Acquisition

Friendly

Majority

Private Equity

Synopsis

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Veritas Capital, a private-equity firm, agreed to acquire Finalsite, a provider of school website and digital communications tools, from Bridge Growth Partners, an American private equity fund. Financial terms were not disclosed. "We are thrilled to welcome Veritas as an investor as we execute our proven strategy and enter this exciting new chapter of growth. Over the past few years, we’ve significantly grown Finalsite into a leading digital platform for K-12 schools with Bridge Growth’s guidance and active support, and we’re confident that Veritas’ resources and significant industry expertise will fuel our continued growth in the years to come. Together, we will deliver even greater value to schools across the world and the families they serve by transforming the ways they engage," Jon Moser, Finalsite Founder and CEO.

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