Providence Equity Partners Majority Investment in Accelerate Learning
February 21, 2023
Providence Equity Partners has made a majority investment in Accelerate Learning, a Houston-based provider of K-12 STEM curriculum and digital learning platforms. Existing investors including funds managed by Carlyle, Quad Partners, Rice University and Owl Ventures will retain minority stakes; financial terms were not disclosed. The investment is intended to help Accelerate Learning scale growth, deepen customer relationships and pursue organic and inorganic expansion opportunities.
- Buyers
- Providence Equity Partners
- Targets
- Accelerate Learning
- Sellers
- Funds managed by Carlyle, Quad Partners, Rice University, Owl Ventures
- Industry
- Education
- Location
- Texas, United States
- Transaction Type
- Buyout
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