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Announced

Completed

The Riverside Company-backed PeopleGrove completed the acquisition of Student Opportunity Center.

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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Domestic

Education Services

Completed

Private Equity

United States

educational consultant

Acquisition

Private

Minority

Friendly

Single Bidder

Synopsis

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The Riverside Company-backed PeopleGrove, a higher education services provider, completed the acquisition of Student Opportunity Center, a provider of experimental learning consulting services. Financial terms were not disclosed. “This acquisition is not only a significant milestone for PeopleGrove but for the entire higher-education industry. By joining forces with SOC, we are offering learners the keys they need to unlock the modern job market – experiential learning, access to social capital, career navigation via mentoring and alumni networks – all under one roof," Adam Saven, PeopleGrove CEO.

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