EagleTree Capital-backed Arc to acquire the media assets for HR technology and education technology sectors from LRP Media Group.

EagleTree Capital-backed Arc, an operator of an events and media business platform, agreed to acquire the media assets for HR technology and education technology sectors from LRP Media Group, a media firm serving millions of business and education professionals worldwide. Financial terms were not disclosed. “This is a major development for Arc. The acquisition will expand our capabilities and operations in the US, and bring an experienced team, strong brands, and more high-growth verticals into the network. The HR Tech and Ed Tech teams have an impressive track record of launching and developing their brands, and we’re looking forward to working with our new colleagues to grow these portfolios and to further develop Arc in the United States," Simon Foster, Arc CEO.