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New Deal


Announced

Completed

Veritas-backed Finalsite completed the acquisition of the Blackboard K-12 division of Anthology.

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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Digital Services

Private Equity

Majority

Private

United States

Acquisition

Domestic

edtech

Single Bidder

Completed

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Synopsis

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Veritas-backed Finalsite, a school website and digital communications software and services provider, completed the acquisition of the Blackboard K-12 division of Anthology. Financial terms were not disclosed. "Our mission is to help schools prepare students to be successful in the wider world. This acquisition brings together the brightest minds in K-12 edtech, accelerating transformative improvements in everything from our product development to our customer service. Together, we will elevate school-to-home engagement and improve outcomes for schools – and learners – globally," Jon Moser, Finalsite Founder and CEO.

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