M&A Deal Summary

EAB Acquires Forage

On April 8, 2024, EAB acquired education company Forage

Acquisition Highlights
  • This is EAB’s 1st transaction in the Education sector.
  • This is EAB’s 3rd transaction in the United States.
  • This is EAB’s 1st transaction in Delaware.

M&A Deal Summary
Date 2024-04-08
Target Forage
Sector Education
Buyer(s) EAB
Deal Type Add-on Acquisition

Target

Forage

Wilmington, Delaware, United States
website
Forage is a provider of virtual job simulations, to its suite of solutions designed to help employers build stronger, more inclusive workforces. Forage is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

EAB

Washington, District of Columbia, United States

website

Category Company
Founded 1983
Sector Education
DESCRIPTION

EAB is a provider of best practices research, student success management software and data-enabled enrollment solutions to the not-for-profit higher education and K-12 markets. The Company’s solutions help institutions increase enrollment yield, balance financial aid with revenue generation, drive higher student retention and success, and implement industry best practices derived from benchmarking and research. EAB was formed in 1983 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 3 of 3
Sector (Education) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Delaware) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-18 Seramount

Winter Park, Florida, United States

Seramount is a strategic professional services firm that provides diversity, equity, and inclusion (DE&I) services, partnering with more than 450 of the world’s biggest and most well-known corporate brands, including half of the Fortune 100. Seramount is based in Winter Park, Florida.

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