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New Deal


Announced

Ridgemont Equity-backed American Safety Council to acquire TPC Training.

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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Majority

Private

Private Equity

training services

Education Services

United States

Acquisition

Single Bidder

Domestic

Friendly

Pending

Synopsis

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Ridgemont Equity-backed American Safety Council, a national provider of critical training, education, and certification solutions, agreed to acquire TPC Training, a provider of technical skills training content and programs. Financial terms were not disclosed. “TPC and ASC are extremely complementary businesses. By combining TPC’s technology and sales expertise with ASC’s content library and direct-to-professional marketing capabilities, we create a truly differentiated platform with best-in-class content capable of serving enterprise customers and individual learners alike," Derek Dunaway, TPC CEO.

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