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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 on the U.S. market, where Kahoot has established a major footprint in recent years. Kahoot will acq...

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 previous funds, Quad VI will seek to acquire and invest in high-quality, growth-oriented education b...

Adweek Announces CEO Transition and Updates to Its Leadership Team By May 3, 2021 New York, NY, May 3, 2021 – Adweek, the leading source of news and insights covering marketing, media and technology, today announced that Jeffrey Litvack is stepping down as Chief Executive Officer.   “Over the past five years, I have been proud to spearhead the growth and evolution of Adweek into a multi-dimensional brand, including the relaunch of Brandweek and Mediaweek as well as the buildout of Adweek+ and community initiatives,” Litvack said. “I have had the pleasure to work with an extraord...