Apax Digital Fund Acquires MetaMetrics from Pamlico Capital
July 30, 2019
The Apax Digital Fund, advised by Apax Partners, has entered into a definitive agreement to acquire MetaMetrics, the developer of the Lexile and Quantile frameworks, from Pamlico Capital. Apax said it will support new product development and accelerate MetaMetrics' international expansion to extend the company's measurement and analytics capabilities for education; financial terms were not disclosed.
- Targets
- MetaMetrics
- Sellers
- Pamlico Capital
- Industry
- Education
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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