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Announced

BV Investment-backed StraighterLine to acquire CCEI.

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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Test Inspection and Certification (TIC)

Acquisition

Private

Friendly

Education Services

Majority

Private Equity

Pending

online training

Domestic

United States

certificate management

Single Bidder

Synopsis

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BV Investment-backed StraighterLine, an education technology company, agreed to acquire ChildCare Education Institute, a provider of online training and certificates, child care registry development, and administrative services. Financial terms were not disclosed. "As the pace of change in the labor market continues to accelerate, employers in fast-growing fields – from early childhood education to healthcare – are in search of new approaches to talent development that bridge the gap between learning and work. This acquisition is about helping to further the promise of flexible, affordable education to both meet the needs of employers and help more people chart a path to rewarding careers," Heather Combs, StraighterLine CEO.

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