Add-on Acquisition • Business Services

Varsity Tutors Acquires Veritas Prep

On January 22, 2019, Varsity Tutors acquired business services company Veritas Prep

Acquisition Context

This is Varsity Tutors’ 1st transaction in the Business Services sector.
This is Varsity Tutors’ 1st transaction in the United States.
This is Varsity Tutors’ 1st transaction in California.

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M&A Deal Summary
Date	January 22, 2019
Target	Veritas Prep
Sector	Business Services
Buyer(s)	Varsity Tutors
Deal Type	Add-on Acquisition

Target Company

Veritas Prep

Calabasas, California, United States

Veritas Prep LLC is a test prep and admissions consulting company. Veritas Prep is based in Calabasas, California.

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Buyer Overview 1

Buyer

Varsity Tutors

St. Louis, Montana, United States

Category	Company
Sector	Internet Software and Services

DESCRIPTION

Varsity Tutors LLC is a Live Learning Platform that seamlessly connects experts and learners in any subject, anywhere, at any time. Varsity Tutors is based in St. Louis, Montana.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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