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Announced

Completed

The Riverside Company completed the acquisition of Eduthings.

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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Completed

Private

Single Bidder

Domestic

Majority

Education Services

Friendly

Private Equity

United States

educational services

Acquisition

Synopsis

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The Riverside Company, a private equity firm, completed the acquisition of Eduthings, an educational software services provider. Financial terms were not disclosed. “We see an exciting opportunity for iCEV to offer its customers new tools, creating an even more comprehensive, career-readiness focused platform. The acquisition of Eduthings continues iCEV’s strong momentum, providing a more complete, and compelling offering to our customers and differentiating iCEV in the marketplace. We will continue to expand the iCEV platform through organic and M&A initiatives," Drew Flanigan, Riverside Partner.

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