Capella Education Company Acquires Hackbright Academy
April 22, 2016
Capella Education Company (NASDAQ: CPLA) acquired Hackbright Academy, a San Francisco-based non-degree software engineering school for women, in an all-cash transaction that closed on April 22, 2016 for $18 million. Hackbright will operate as a wholly owned subsidiary and retain its San Francisco headquarters and management team as Capella expands its non-degree, workforce-focused learning offerings to help close the gender gap in software engineering.
- Buyers
- Capella Education Company
- Targets
- Hackbright Academy
- Industry
- Education
- Location
- California, United States
- Transaction Type
- Buyout
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