Two Sigma Impact and BayPine (with Everberg) Invest in Penn Foster
January 21, 2021
Two Sigma Impact and BayPine, with participation from Everberg Capital, made a growth investment in Penn Foster to accelerate the company's data-driven digital learning platform. The capital will be used to pair advanced labor-market analytics and data science with skills-based digital learning to expand Penn Foster's ability to upskill frontline workers and partner with employers.
- Buyers
- Two Sigma Impact, BayPine, Everberg Capital
- Targets
- Penn Foster
- Industry
- Education
- Location
- Pennsylvania, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Two Sigma Invests in Figment
December 21, 2021
Financial Services
Two Sigma announced an investment in Figment, a crypto staking, middleware, and application-layer provider, to support Figment's continued growth and Web3 ecosystem development. The investment will see Figment work more closely with the Pyth Network to bring enhanced functionality and usability to Pyth HiFi market data.
-
BayPine Acquires Majority Stake in Harbor Global; Renovus Remains Investor
June 4, 2025
Consulting
BayPine LP has made a majority investment in Harbor Global, a Chicago-based provider of consulting and technology services to the legal industry. Renovus Capital Partners, Harbor's initial private equity sponsor, will remain a significant investor alongside Harbor's management team; terms were not disclosed.
-
Two Sigma Impact Acquires Eclipse Advantage
October 12, 2021
Staffing & HR
Two Sigma Impact, the impact investing business of Two Sigma, acquired Eclipse Advantage, a provider of outsourced supply chain workforce solutions that serves warehouses and distribution centers across the United States and Canada. The acquisition (terms undisclosed) follows Eclipse's growth under Longshore Capital Partners and will support expansion of digitally-powered workforce analytics and tools to improve employee retention and operational productivity.
-
Two Sigma Impact Acquires Circle of Care
July 12, 2021
Healthcare Services
Two Sigma Impact, the impact investing arm of Two Sigma, has acquired Circle of Care, a Texas-based home- and clinic-based pediatric therapy provider. Circle of Care—founded in 2007 and employing over 275 licensed therapists—serves more than 3,000 pediatric patients across seven Texas markets; Two Sigma Impact plans to support national expansion and apply data science to clinical operations, telehealth, and therapist recruitment.
-
Bain Capital Double Impact Invests in Multi-Specialty HealthCare
January 25, 2021
Healthcare Services
Bain Capital Double Impact provided a growth investment in Multi-Specialty HealthCare to support the founder-led outpatient post-traumatic injury care and physical rehabilitation provider’s expansion into new regions. Financial terms were not disclosed; the partnership aims to scale the company’s patient-centric, multidisciplinary model across the Baltimore–Washington and Delmarva markets and beyond.
-
Bain Capital Double Impact Makes Growth Investment in Broadstep Behavioral Health
May 20, 2020
Healthcare Services
Broadstep Behavioral Health, a provider of residential and community-based services for individuals with intellectual, developmental and behavioral disabilities, has received a growth investment from Bain Capital Double Impact. The capital will support Broadstep's expansion into adjacent services and new markets, including growth through acquisitions and workforce/training initiatives; financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.