Announced
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Private Equity
Completed
United States
investment management firm
Acquisition
Domestic
Minority
Private
Private Equity
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Synopsis
Neuberger Berman, a private investment manager, completed the acquisition of a minority stake in Colibri Group, a provider of career lifecycle management for mandatory professional education solutions, from Gridiron Capital, a private equity firm. Financial terms were not disclosed. "We are excited to partner with management, as well as Gridiron Capital, to support Colibri's continued growth. We have long admired Colibri's demonstrated track record of developing and acquiring market-leading professional education brands and believe the Company's solutions will continue to be valued by customers in the years to come," J.T. Munch, Neuberger Berman Capital Solutions Managing Director.
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