Northlane Capital Partners completed the acquisition of a majority stake in Infobase from Centre Lane Partners.

Northlane Capital Partners, a private equity firm, completed the acquisition of a majority stake in Infobase, a cloud-based educational solutions provider, from Centre Lane Partners, a private investment firm. Financial terms were not disclosed. “We are very excited to partner with NCP as we enter into the next phase of Infobase’s growth. NCP’s investment brings both capital resources and expertise to accelerate our company’s trajectory. NCP has an impressive track record of identifying and executing on acquisition opportunities, which will play a pivotal role in continuing to build upon our position as a leading player in the supplemental education market,” Paul Skordilis, Infobase CEO.