M&A Deal Summary

Weld North Acquires Edgenuity

On July 11, 2011, private equity firm Weld North acquired education company Edgenuity

Acquisition Highlights
  • This is Weld North’s 1st transaction in the Education sector.
  • This is Weld North’s 2nd transaction in the United States.
  • This is Weld North’s 1st transaction in Arizona.

M&A Deal Summary
Date 2011-07-11
Target Edgenuity
Sector Education
Buyer(s) Weld North
Deal Type Buyout (LBO, MBO, MBI)

Target

Edgenuity

Scottsdale, Arizona, United States
Edgenuity is a provider of core and elective instruction for students in grades 6-12, creating innovative, rigorous, standards-aligned courseware and online virtual instruction programs to prepare students for college and careers.

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Buyer(S) 1

Buyer

Weld North

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Focused
DESCRIPTION

Weld North is a private investment firm focused on opportunities in the education sector. The Firm will consider venture opportunities as well as investments in mature businesses. Weld North was formed in 2010 by Jonathan Grayer - former CEO of Kaplan, Inc. and works in partnership with KKR. The Firm is based in New York City.

DEAL STATS #
Overall 2 of 9
Sector (Education) 1 of 5
Type (Buyout (LBO, MBO, MBI)) 1 of 6
State (Arizona) 1 of 2
Country (United States) 2 of 9
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 RelSci

New York, New York, United States

RelSci is a business development tool that maps your existing relationships to more than two million influential decision-makers in the business, finance, and nonprofit sectors. RelSci helps business and nonprofit organizations of all sizes make deals, sell services and products, and raise money.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-17 The Learning House

Louisville, Kentucky, United States

The Learning House, Inc. is a comprehensive online education solutions partner that helps colleges and universities develop effective and affordable ways to deliver online degree programs. Partnering with more than 90 colleges and universities in 30 states.

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