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K-12 Dealmaking: Kahoot Acquires Clever, in Deal Combining Game-Based Platform and Single-Sign-On Provider

K-12 Dealmaking: Kahoot Acquires Clever, in Deal Combining Game-Based Platform and Single-Sign-On Provider Kahoot, a game-based learning platform, will acquire San Francisco-based Clever, a single-sign-on platform widely used in K-12, in a transaction that will carry a value of $435 million to $500 million, Kahoot announced. The Norway-based company touted the deal as one that would bring together businesses with “complimentary strengths” — if very different product lines — with a focus...
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Source: edweek.org

Quad Partners Closes Oversubscribed Fund VI at $388 Million Hard Cap

Quad Partners Closes Oversubscribed Fund VI at $388 Million Hard Cap News provided by Share this article NEW YORK, May 3, 2021 /PRNewswire/ --  Quad Partners ("Quad"), a lower middle-market private equity firm focused on the education industry, today announced the closing of Quad Partners VI LP ("Quad VI") at its hard cap of $388 million. The fund was raised in approximately three months and is comprised of U.S. and European institutional limited partners and family offices. Consistent with ...
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Quad Partners races to oversubscribed $388m Fund VI hard cap close amid pandemic-accelerated edtech opportunity

Fund VI aims to invest in education technology, tech-enabled service and site-based companies, with a focus on owner-operated businesses. The firm recently invested in SaaS platforms AmplioSpeech and InPlace Software and exited Learn on Demand Systems, SchoolAdmin, Cayuse and TargetX.    A statement from Lincoln Frank and Daniel Neuwirth, co-founders of Quad Partners, said, “We are grateful for the longstanding partnership with our investors and welcome the new limited partners who are joi...
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