M&A Deal Summary

ETS Strategic Capital Acquires Vericant

On March 11, 2021, corporate investor ETS Strategic Capital acquired internet software and services company Vericant

Acquisition Highlights
  • This is ETS Strategic Capital’s 2nd transaction in the Internet Software and Services sector.
  • This is ETS Strategic Capital’s 1st transaction in China.

M&A Deal Summary

Date 2021-03-11
Target Vericant
Sector Internet Software and Services
Buyer(s) ETS Strategic Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Vericant

Beijing, China
Vericant provides a way for academic institutions to understand and measure what really matters. Through secured video interviews and language assessments based on the interview, we allow the true abilities of the candidate to be recognized. With each candidate possessing such unique abilities and traits, standardized testing is not always able to fully represent them as their truest self. Vericant is the widely trusted video interview service available for international students. Vericant was founded in 2011 and is based in Beijing, China.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

ETS Strategic Capital, a unit of testing and assessments company ETS, focuses on investing in and partnering with growth-oriented companies in the education sector. The group primarily targets late stage growth businesses that can benefit from ETS' knowledge and skills in the education industry. ETS Strategic Capital is headquartered in Princeton, New Jersey.


DEAL STATS #
Overall 3 of 6
Sector: Internet Software and Services M&A 2 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 5
Country: China M&A 1 of 1
Year: 2021 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 GradSchoolMatch

Princeton, New Jersey, United States

GradSchoolMatch operates prospective graduate students with individual graduate school programs. Prospective students use Gradschoolmatch to easily find advanced degree programs. Graduate program directors and recruiters are matched to, or can search for, students with precisely the credentials they need in their students. GradSchoolMatch was founded in 2011 and is based in Princeton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Degreed

Pleasanton, California, United States

Degreed provides learning and career growth to business opportunities through one single, fluid skill-development experience. Degreed is a technology suite that combines lifelong learning and data-driven development so organizations can accelerate workforce capabilities for greater impact and make skills. Degreed was founded in 2012 and is based in Pleasanton, California.

Buy -