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8 Finance DEALS Zipmoney Limited, Acquired Quadpay Cboe Global INFORMATION INDUSTRY 10 Education DEALS closed 9/30/21 via BusinessWire Arctic Wolf Networks, acquired Habitu8 SEE SIMILAR TRANSACTIONS synopsis: Arctic Wolf, a leader in security operations, has acquired the innovative and award-winning training platform Habitu8. Co-founded in 2017 by security awareness and training expert, Jason Hoenich, Habitu8 leads the industry in producing security training and awareness programs with a Hollywood-style aesthetic. buyer: Arctic Wolf Networks target: Habitu8 Arctic Wolf is the market leader in security operations, Habitu8 produces security training and awareness programs with pioneering the first cloud-native security operations platform to a Hollywood-style aesthetic. Habitu8's entertaining and engaging end cyber risk. The Arctic Wolf Platform leads the industry with style has proven effective in fortifying the human element in threat telemetry from endpoint, network, and cloud sources. security, as phishing and ransomware attacks continue to become more common. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA announced 9/28/21 via GlobeNewswire Transom Capital Group, will purchase U.S. Legal Education Business from Wolters SEE SIMILAR TRANSACTIONS synopsis: Wolters Kluwer Legal & Regulatory U.S. announced that it has signed a binding agreement to sell its U.S. legal education business to Transom Capital Group, an operations-focused private equity firm in the middle market. The U.S. legal education business mainly produces textbooks and innovative digital educational solutions for law students. buyer: Transom Capital Group seller parent: Wolters Kluwer NV Transom is an operations-focused private equity firm in the seller: Wolters Kluwer Legal & Regulatory middle market with more than $500M in assets under The acquisition includes the U.S. legal education business of management. The firm's methodology and industry expertise Wolters Kluwer Legal & Regulatory. The U.S. legal education create improved operational efficiency, significant top-line growth, business mainly produces textbooks and innovative digital and distinctive outcomes. educational solutions for law students. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA $88.00 $33.00 2.6 closed 9/27/21 via BNC Analysis ReadyTech Holdings Limited, acquired Avaxa Pty Ltd SEE SIMILAR TRANSACTIONS synopsis: ReadyTech Holdings Limited has acquired Avaxa, a specialist enterprise student management software business. ReadyTech is a leading SaaS business focused on providing next generation cloud-based software to customers within the education, employment, government and justice sectors. buyer: ReadyTech Holdings Limited (ASX:RDY:$22.12) target: Avaxa Pty Ltd ReadyTech is an Australian provider of people management Avaxa is a specialist enterprise student management software software for employment and education. ReadyTech offers a company supporting many of Australia’s leading enterprises, complete student management system for institutions and TAFE (Technical and Further Education) and Higher Education training organisations. For employers they offer a complete institutions, with deep domain expertise. Avaxa manages the payroll, HR admin and work health and safety management student journey from enquiry to graduation. system. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA $1.60 Powered by MandAsoft © 2021 by Berkery, Noyes & Co., LLC, All rights reserved Page 1 of 38 INFORMATION INDUSTRY 10 Education DEALS closed 9/27/21 via GlobeNewswire Franchise Group, Inc., acquired Sylvan Learning SEE SIMILAR TRANSACTIONS synopsis: Franchise Group, Inc., an owner and operator of franchised and franchisable businesses, has acquired Sylvan Learning, a leading tutoring franchisor for Pre-K-12 students and families. Sylvan Learning provides personalized learning for reading, math, writing, STEM, test preparation, study skills, and more. buyer: Franchise Group, Inc. (FRG:$2,636.11) target: Sylvan Learning Franchise Group is an operator of franchised businesses. Sylvan Learning a leading tutoring franchisor for Pre-K-12 Franchise Group helps catapult franchise brands forward by students and families. Sylvan Learning is transforming how providing financial acumen, operational know-how, and support. students learn, inspiring them to succeed in school and in life. Their business lines include Pet Supplies Plus, American They provide personalized learning for reading, math, writing, Freight, The Vitamin Shoppe, Buddy’s Home Furnishings and STEM, test preparation, study skills, and more. more. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA $81.00 closed 9/27/21 via Company Press Release 360training.com, acquired TIPS (Training for Intervention ProcedureS) SEE SIMILAR TRANSACTIONS synopsis: 360training becomes the leading national alcohol safety training provider by offering instruction in all 50 states through the acquisition of TIPS. TIPS’ mission is to educate and inform the public about the responsible sale, service, and use of alcohol by reducing risk and creating a safer, more responsible environment. buyer: 360training.com target: TIPS (Training for Intervention ProcedureS) Since 1997, 360training.com, Inc. has provided individuals and TIPS (Training for Intervention ProcedureS) is the global leader in businesses with online regulatory-approved training, facilitating a education and training for the responsible service, sale, and safe, healthy environment for the communities they serve. The consumption of alcohol. Over the past 41 years, TIPS has company has delivered over four million training plans across certified more than 5 million participants and trainers across multiple brands, including Meditec. multiple websites, including GetTIPS. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA closed 9/24/21 via BNC Analysis Eagle Merchant Partners, acquired Code Ninjas SEE SIMILAR TRANSACTIONS synopsis: Atlanta-based private equity firm Eagle Merchant Partners has acquired Code Ninjas, the world’s largest and fastest-growing coding franchise. At hundreds of Code Ninjas centers across the globe, people of all ages have fun learning how to code, no matter what their skill level. buyer: Eagle Merchant Partners target: Code Ninjas Based in Atlanta and focused on the Southeastern United Code Ninjas is the world’s largest and fastest-growing coding States, Eagle Merchant Partners is a private equity firm investing franchise. At hundreds of Code Ninjas centers across the globe, in lower middle market businesses. They invest in two core people of all ages have fun learning how to code, no matter what sectors: Consumer and Industrial. their skill level. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA Powered by MandAsoft © 2021 by Berkery, Noyes & Co., LLC, All rights reserved Page 2 of 38 INFORMATION INDUSTRY 10 Education DEALS closed 9/23/21 via Company Press Release CoachHub GmbH, acquired MoovOne SEE SIMILAR TRANSACTIONS synopsis: CoachHub, the leading global digital coaching platform, has announced the acquisition of MoovOne, the French market leader and a pioneer in digital coaching. CoachHub and MoovOne are joining forces, sharing a common vision to democratise digital coaching within organisations worldwide. buyer: CoachHub GmbH target: MoovOne CoachHub is the leading global talent development platform that MoovOne offers a pioneering professional digital coaching enables organizations to create a personalized, measurable, and solution, designed to unleash human potential. With their digital scalable coaching program for the entire workforce, regardless of and human approach, MoovOne offers each participant an department and seniority level. effective and personalised coaching experience, anywhere, anytime. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA closed 9/22/21 via BNC Analysis J.P. Morgan Chase & Co., acquired Frank SEE SIMILAR TRANSACTIONS synopsis: JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents. Frank is an online portal with tools that help students apply for and negotiate financial aid, enroll in online courses and find scholarships. buyer: J.P. Morgan Chase & Co. (JPM:$128,646.00) target: Frank JPMorgan Chase & Co. is a leading global financial services firm Frank is the leading platform connecting students to financial aid with assets of $2.7 trillion and operations worldwide. The Firm is at colleges they'll love. They help students apply for FAFSA in a leader in investment banking, financial services for consumers under 5 minutes, match students with scholarships and provide and small businesses, commercial banking, financial transaction emergency aid all in one place. processing, and asset management. price ($mm) rev ($mm) EBITDA ($mm) price / rev price / EBITDA closed 9/22/21 via PR Newswire Community Brands, acquired ParentApps SEE SIMILAR TRANSACTIONS synopsis: Community Brands UK, a leading provider of cloud-based software and payments solutions for schools in the UK, has acquired Parentapps, an award-winning British education technology company. The acquisition bolsters Community Brands' leadership position in the industry and further illustrates its commitment to schools and their parents and students. buyer parent: Insight Venture Partners target: ParentApps buyer: Community Brands Parentapps is an award-winning education technology company Community Brands is a purpose-driven company that delivers based in Liverpool. Founded by two parents, Parentapps helps purpose-built
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