Nautic Investment completed the acquisition of a majority stake in TIME Education from ICG.

Nautic Investment, a private equity firm focusing on buyout, growth-M&A financing and pre-IPO investment, completed the acquisition of a majority stake in TIME Education, a private education services company that provides learning programs for students from pre-K to K-12, from ICG, an asset management and private equity firm that specializes in investing in private debt, credit and equity transactions. Financial terms were not disclosed.