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  6. CareAcademy Acquires NextStep

M&A Deal Summary

CareAcademy Acquires NextStep

On January 26, 2023, CareAcademy acquired education company NextStep

Acquisition Highlights
  • This is CareAcademy’s 1st transaction in the Education sector.
  • This is CareAcademy’s 1st transaction in the United States.
  • This is CareAcademy’s 1st transaction in Washington.

M&A Deal Summary
Date 2023-01-26
Target NextStep
Sector Education
Buyer(s) CareAcademy
Deal Type Add-on Acquisition

Target

NextStep

Seattle, Washington, United States
NextStep is a healthcare education and job placement company helping solve the accelerating caregiver crisis in the United States. The company trains and places workers displaced by automation and artificial intelligence with respected long-term care providers, benefiting both. Its blended-learning nursing assistant program gives learners the opportunity to start a new, rewarding career and provides employers with a solution to their critical workforce needs. NextStep was formed in 2018 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

CareAcademy

Boston, Massachusetts, United States
Category Company
Founded 2016
Sector Education
DESCRIPTION

CareAcademy provides high-quality, state-approved training for home care agencies, home health agencies, franchise systems, and payors that increases learner knowledge for better health outcomes. With easy-to-use, web-based courses and a robust administrator platform, it offers education and compliance solutions for home care and home health organisations of all sizes, from small agencies to multi-state enterprises. CareAcademy was founded in 2016 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Education M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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