M&A Deal Summary

Vector Solutions Acquires EVERFI - Higher Education and Campus Prevention Network Business

On July 20, 2021, Vector Solutions acquired internet software and services company EVERFI - Higher Education and Campus Prevention Network Business from EverFi for 100M USD

Acquisition Highlights
  • This is Vector Solutions’ 2nd transaction in the Internet Software and Services sector.
  • This is Vector Solutions’ largest (disclosed) transaction.
  • This is Vector Solutions’ 1st transaction in the United Kingdom.
  • This is Vector Solutions’ 1st transaction in District of Columbia.

M&A Deal Summary
Date 2021-07-20
Target EVERFI - Higher Education and Campus Prevention Network Business
Sector Internet Software and Services
Buyer(s) Vector Solutions
Sellers(s) EverFi
Deal Type Divestiture
Deal Value 100M USD

Target

EVERFI - Higher Education and Campus Prevention Network Business

Washington, District of Columbia, United Kingdom
EVERFI's Higher Education and Campus Prevention Network Business includes its highly-regarded online training catalog for colleges and universities and the Campus Prevention Network (CPN). EVERFI's Higher Education and Campus Prevention Network Business is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Vector Solutions

Tampa, Florida, United States

website

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Vector Solutions is a provider of SaaS-based compliance and safety-focused eLearning and performance optimization solutions serving three end-markets: Public Sector, Education, and Commercial. Vector’s solutions are underpinned by the company’s library of proprietary content (over 7,500 courses with over 30,000 associated accreditations) which is delivered through a SaaS-based software platform to address customers’ mission critical compliance, safety, and regulatory needs. Vector Solutions was founded in 1999 and is based in Tampa, Florida.

DEAL STATS #
Overall 4 of 7
Sector (Internet Software and Services) 2 of 2
Type (Divestiture) 1 of 1
State (District of Columbia) 1 of 1
Country (United Kingdom) 1 of 1
Year (2021) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-24 Convergence Training

Camas, Washington, United States

Convergence Training is a provider of training content and software solutions for industrial operations, manufacturing, and mining, specializing in 3D and animation. Convergence Training was established in 2002 and is based in Camas, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 Envisage Technologies

Bloomington, Indiana, United States

Envisage Technologies provides training software solutions for military commands, federal law enforcement academies, and state law enforcement and public safety sectors in the United States. Envisage Technologies was founded in 2001 and is based in Bloomington, Indiana.

Buy -

Seller(S) 1

SELLER

EverFi

Washington, District of Columbia, United States

website

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

EverFi is an education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. EverFi is fueled by its Software-as-a-Service (SaaS) subscription model and has certified over 16 million learners in critical skill areas. EverFi was founded in 2008 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (District of Columbia) 1 of 1
Country (United Kingdom) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-02 EdComs

London, United Kingdom

EdComs Ltd. is a communications agency specializing in education reaching over 30 million learners globally. EdComs is based in London, United Kingdom.

Buy -
Mergr

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