Announced
Completed
Financials
Tags
Single Bidder
Private Equity
Private
Friendly
Software
United States
Acquisition
software development
Completed
Domestic
Majority
Synopsis
NexPhase Capital, a thematic and operationally focused private equity firm, completed the investment in Aztec Software, an educational software company focused on the adult education and workforce training and certification markets. Financial terms were not disclosed. "Aztec is driven by the firm belief that every adult deserves access to the tools that will enable them to succeed in a competitive employment landscape, which effectuates generational change. From early in the process, it was clear that NexPhase understood and shared our mission, business model and strategic goals, ultimately making them the ideal partner to help Aztec continue to innovate and grow. With NexPhase’s support, we will be able to not only further invest in our marketing and salesforce, but deliver additional workforce training and preparation to a market craving contextualized and relevant content. The NexPhase team brings an impressive track record of supporting companies’ growth, and by leveraging their expertise, we can continue to educate, empower and elevate adult learners," Jonathan Blitt, Aztec Software CEO.
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