M&A Deal Summary

Graduation Alliance Acquires AdvancePath Academics

On May 5, 2017, Graduation Alliance acquired education company AdvancePath Academics from First Analysis

Acquisition Highlights
  • This is Graduation Alliance’s 1st transaction in the Education sector.
  • This is Graduation Alliance’s 2nd transaction in the United States.
  • This is Graduation Alliance’s 1st transaction in Virginia.

M&A Deal Summary
Date 2017-05-05
Target AdvancePath Academics
Sector Education
Buyer(s) Graduation Alliance
Sellers(s) First Analysis
Deal Type Add-on Acquisition

Target

AdvancePath Academics

Williamsburg, Virginia, United States
AdvancePath Academics, Inc. is a provider of alternative education solutions for out-of-school youth and those students who are disengaged or at risk of dropping out of high school. The company creates innovative partnerships with districts and high schools to operate in-school Academies that provide high-quality education services to recover, educate, and graduate out-of-school youth and those students at risk of not earning their high school diplomas.

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Buyer(S) 1

Buyer

Graduation Alliance

Salt Lake City, Utah, United States
Category Company
Sector Consumer Services
DESCRIPTION

Graduation Alliance works with students of all ages through partnerships with schools, districts, community colleges, workforce development agencies, employers and others dedicated to providing alternative pathways to high school graduation and career training. By supporting former high school dropouts to obtain a high school diploma and improving employment outcomes post-graduation, Graduation Alliance contributes to SDG 4 (Quality Education) and to SDG 8 (Decent Work and Economic Growth).Graduation Alliance is based in Salt Lake City, Utah.

DEAL STATS #
Overall 2 of 2
Sector (Education) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-26 ConnectEDU

Boston, Massachusetts, United States

ConnectEDU, Inc. is a developer of web-based college and career access solutions.

Buy -

Seller(S) 1

SELLER

First Analysis

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

Category Venture Capital Firm
Founded 1981
PE ASSETS 800M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

First Analysis is a financial advisory and investment firm. First Analysis' private equity arm targets investments in growth companies at all stages of development. The Group looks for opportunities based primarily in the US and can commit up to $10 million of equity per transaction. Sectors of particular interest include outsourced services, (business/government services, education, environmental services, healthcare services, marketing services); information technology, (business integration, call centers, healthcare IT, network security, open source, sensor systems, transaction processing); and chemistry enabled businesses (advanced materials, chemicals, healthcare products, polymers, purification). First Analysis was formed in 1981 and is based in Chicago, Illinois.

DEAL STATS #
Overall 58 of 71
Sector (Education) 1 of 1
Type (Add-on Acquisition) 42 of 51
State (Virginia) 2 of 2
Country (United States) 58 of 70
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-22 Community Education Centers

West Caldwell, New Jersey, United States

Community Education Centers is a national provider of rehabilitative services for offenders through reentry and in-custody treatment programs as well as comprehensive management services for county, state, and federal correctional and detention facilities. CEC provides evidence-based programming for residential and non-residential clients through reentry and correctional facilities, in-prison treatment services, and outpatient and day reporting programs.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 Aventri

Norwalk, Connecticut, United States

Aventri is a provider of cloud-based analytics and data-driven end-to-end event management and venue sourcing solutions. Open-source platform delivers innovative technology solutions to streamline the event process, providing real-time data and analytics on event performance, customer engagement, and increasing measurable event ROI. Aventri was formed in 2008 and is based in Norwalk, Connecticut.

Buy -
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