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New Deal


Announced

Eden Capital-backed Edcetera to acquire PrepFE.

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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Private Equity

Pending

Single Bidder

Domestic

Friendly

Acquisition

Private

Majority

United States

Education Services

exam prep platform

Synopsis

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Eden Capital-backed Edcetera, a provider of continuing education, exam prep, and licensing programs, agreed to acquire PrepFE, an exam prep platform. Financial terms were not disclosed. "With the global demand for engineers higher than ever, professional licensure can offer a pathway to greater earning power, growth potential, and autonomy for those just starting a career path in engineering. Built by engineers for engineers, PrepFE delivers a comprehensive, intuitive, and–most importantly–effective exam prep experience for engineers as they take their first critical step toward the PE license," Nader Qaimari, Edcetera CEO.

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