Announced
Financials
Tags
Test Inspection and Certification (TIC)
Acquisition
Private
Friendly
Education Services
Majority
Private Equity
Pending
online training
Domestic
United States
certificate management
Single Bidder
Synopsis
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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