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New Deal


Announced

Completed

Alpine Investors-backed Axcel Learning completed the acquisition of KMK Optometry.

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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Education Services

Majority

Private

Private Equity

United States

Acquisition

Completed

Friendly

e-learning

Domestic

Single Bidder

Synopsis

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Alpine Investors-backed Axcel Learning, a professional education business, completed the acquisition of KMK Optometry, a provider of comprehensive optometry board exam test preparation and coaching services. Financial terms were not disclosed. "I am incredibly proud of not only KMK Optometry’s growth since the company was founded over 20 years ago, but also the thousands of students whose academic and career trajectories we have positively impacted to-date. Partnering with Axcel will enable KMK to embark on our next phase of growth and innovation so that we can support even more optometry students, schools, and practices in achieving their goals," Kyle Cheatham, KMK Founder and CEO.

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