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Announced

Five Arrows to acquire a majority stake in n2y from Providence Equity Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Cross Border

Majority

Private

Private Equity

Software

online services

education curriculum

education services

online education

United States

Acquisition

Single Bidder

Completed

Synopsis

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Five Arrows, the European private equity arm of Rothschild & Co, to acquire a majority stake in n2y, a provider of comprehensive, technology powered solutions for students with unique learning challenges, from Providence Equity Partners, a private equity firm. Financial terms were not disclosed. "At n2y, we believe ‘Everyone Can Learn’. That mission motivates us to help unique learners achieve and to empower the educators, support staff and parents who are guiding them to independence. We’re thrilled that Five Arrows believes in n2y’s mission and wants to further our impact across the US and beyond. With their deep global experience in educational technology and long-term investment perspective, Five Arrows was our partner of choice to help us broaden our platform’s solution offerings, untap new markets and expand our reach to impact even more children. We are grateful for Providence’s support and are pleased they will remain investors," Ed Holmes, n2y CEO.

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