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  5. StraighterLine Acquires ChildCare Education Institute

M&A Deal Summary

StraighterLine Acquires ChildCare Education Institute

On September 20, 2022, StraighterLine acquired internet software and services company ChildCare Education Institute from Excelligence Learning

Acquisition Highlights
  • This is StraighterLine’s 1st transaction in the Internet Software and Services sector.
  • This is StraighterLine’s 1st transaction in the United States.
  • This is StraighterLine’s 1st transaction in Georgia.

M&A Deal Summary
Date 2022-09-20
Target ChildCare Education Institute
Sector Internet Software and Services
Buyer(s) StraighterLine
Sellers(s) Excelligence Learning
Deal Type Divestiture

Target

ChildCare Education Institute

Duluth, Georgia, United States
ChildCare Education Institute is a provider of online professional development and data systems for the early child care and education market. CCEI has launched more than 500 online childcare training courses to meet state licensure and Head Start requirements, as well as online certificate programs for nationally recognized credentials, including the Child Development Associate (CDA), Director Certificate, Early Childhood Credential, and other continuing education options. CCEI also manages the RegistryOne workforce management system, which helps state agencies and regulators collect and maintain data around early childhood education. ChildCare Education Institute is based in Duluth, Georgia.

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Buyer(S) 1

Buyer

StraighterLine

Baltimore, Maryland, United States
Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

StraighterLine is an education technology company that provides scalable solutions to deliver affordable, effective, and accelerated learning pathways to formal degree programs and widely recognized industry credentials. StraighterLine was founded in 2008 and is based in Baltimore, Maryland.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Excelligence Learning

Monterey, California, United States
Category Company
Founded 1985
Sector Retail
DESCRIPTION

Excelligence Learning is a developer, manufacturer, distributor, and multi-channel retailer of educational products. The company provides a full-line selection of branded, private label, and proprietary products across several categories, including arts and crafts, infant and toddler, active play, dramatic play, furniture and equipment, math, language, and science. Excelligence Learning was formed in 1985 and is headquartered in Monterey, California.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-01 LifeCubby

Westerville, Ohio, United States

LifeCubby is a provider of a comprehensive and easy-to-use set of child care management software tools. LifeCubby was founded in 2011 and is based in Westerville, Ohio.

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