Add-on Acquisition • Education

Sibling Group Holdings Acquires Funutation Tekademy

On December 6, 2012, Sibling Group Holdings acquired education company Funutation Tekademy

Acquisition Context
  • This is Sibling Group Holdings’ 1st transaction in the Education sector.
  • This is Sibling Group Holdings’ 1st transaction in the United States.
  • This is Sibling Group Holdings’ 1st transaction in Ohio.

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M&A Deal Summary

Date December 6, 2012
Target Funutation Tekademy
Sector Education
Buyer(s) Sibling Group Holdings
Deal Type Add-on Acquisition

Target Company

Funutation Tekademy

Cleveland, Ohio, United States
Funutation Tekademy LLC is a provider of STEM (Science, Technology, Engineering and Math) training for children, generally in the 7 to 17 age range.
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Buyer Overview 1

Buyer

Sibling Group Holdings

Austin, Texas, United States

Category Company
Founded 2010
Sector Information Technology
Employees14
DESCRIPTION

Sibling Group Holdings, Inc. is a provider of technology and education management to enhance and accelerate the delivery of 21st century learning using multiple teaching and learning modalities on a global basis.


Deal Context for Buyer #
Overall 1 of 1
Sector: Education 1 of 1
Type: Add-on Acquisition 1 of 1
State: Ohio 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1