M&A Deal Summary

Capella Education Acquires DevMountain

On May 4, 2016, Capella Education acquired education company DevMountain for 20M USD

Acquisition Highlights
  • This is Capella Education’s 3rd transaction in the Education sector.
  • This is Capella Education’s largest (disclosed) transaction.
  • This is Capella Education’s 2nd transaction in the United States.
  • This is Capella Education’s 1st transaction in Utah.

M&A Deal Summary
Date 2016-05-04
Target DevMountain
Sector Education
Buyer(s) Capella Education
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

DevMountain

Provo, Utah, United States
DevMountain LLC is a coding school.

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Buyer(S) 1

Buyer

Capella Education

Minneapolis, Minnesota, United States
Category Company
Founded 1991
Sector Education
Employees2,887
Revenue 430M USD (2015)
DESCRIPTION

Capella Education Co. is an educational services company that provides access to high-quality education through online postsecondary degree programs and job-ready skills offerings needed in today's market. Capella's portfolio of companies is dedicated to closing the skills gap by providing the most direct path between learning and employment.

DEAL STATS #
Overall 3 of 3
Sector (Education) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Utah) 1 of 1
Country (United States) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-22 Hackbright Academy

San Francisco, California, United States

Hackbright Academy is a software engineering school for women with a mission to increase female representation in tech through education, mentorship and community. Its flagship fellowship is a 12-week accelerated software development program where women learn the skills to become full-time software engineers.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-19 Arden University

Coventry, United Kingdom

Arden University Ltd. is a provider of UK university qualifications by distance learning. It offers more than 50 undergraduate and postgraduate programmes to domestic and international students.

Sell -
Mergr

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