Announced
Completed
Synopsis
Genstar Capital, a private equity firm, completed the investment in Lightspeed Systems, a trusted partner in learning safety and effectiveness. Financial terms were not disclosed. "For more than two decades, Lightspeed has provided trusted solutions to meet the unique and evolving needs of K-12 schools. Our deep roots in device management and web filtering, combined with significant investments in new products and offerings, including our recent acquisition of CatchOn, have established Lightspeed as the industry-leading digital infrastructure platform. As investments in ed-tech products continue to surge, Lightspeed is well-positioned to help educators and administrators make sense of the immense data on student online activity. With the backing of both Genstar and MDP, we will continue our mission of advancing safety and educational effectiveness," Brian Thomas, Lightspeed Systems President and CEO.
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