Announced
Completed
Financials
Sources
Tags
Education Services
Minority
United States
tutoring platform
Acquisition
Single Bidder
Private Equity
Domestic
Private
Completed
Friendly
Synopsis
Alpine Investors, a private equity firm, completed an investment in FEV Tutor, an online tutoring platform. Financial terms were not disclosed. “Alpine has been active in the education sector for years and our partnership with FEV Tutor is an exciting opportunity to advance further in addressing the education gap in this country. Young people of all backgrounds are struggling with COVID-related learning loss and teachers are getting burned out. As the market-leading provider of K-12 tutoring, FEV Tutor has the momentum to deliver real and tangible positive outcomes on a national scale. On behalf of all of us at Alpine Investors, we couldn’t be more excited to begin that important work together with the company,” Mark Strauch, Alpine Investors Founding Partner.
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