L Squared Capital Partners to acquire TeachTown from Bain Capital.

L Squared Capital Partners, an investment firm, agreed to acquire TeachTown, a company that provides educational software to schools, clinicians and parents for children diagnosed with autism spectrum disorder, from Bain Capital, a private investment firm that specializes in private equity. Financial terms were not disclosed. “Through our partnership with Bain Capital, we were able to significantly expand access to our educational solutions, invest to build a strong team, launch innovative products, and establish the infrastructure and processes to support our long-term growth. As we enter our next chapter with L Squared, we look forward to continuing to enable educational achievement, and positively impact the more than seven million students in the US with disabilities with our solutions,” Richard Becker, TeachTown CEO.