Blackboard's current owner, Providence Equity Partners, bought it in 2011 for $1.64 billion, and Blackboard was shopped (but not sold) in 2015 for about $3 billion.Sep 14, 2021
Anthology, a relatively new higher education software and services company, is acquiring Blackboard, long one of the most prominent companies in the educational technology space.Sep 13, 2021
Providence's public equities group (“Providence Public”) is focused on publicly traded securities across the technology, media, telecommunications and financial sectors.
We are private equity specialists, focused on growth-oriented media, communications, education and technology companies throughout North America and Europe.
The purpose of this deal is a revenue growth opportunity driven by cross-selling, international growth, and the opportunities to combine products and create new value, particularly at the data level. Once the deal closes, Blackboard will no longer exist as a standalone EdTech company.Sep 13, 2021
The answer to “Are chalkboards still used in schools today?” is yes. Chalkboards and blackboards are still relatively common in schools of all types. However, although chalkboards are still used in schools (particularly in older schools), newly designed schools are moving towards digitised classrooms.
Jonathan M. NelsonProvidence Equity / FounderJonathan Milton Nelson is an American businessman and investor. He is the founder of Providence Equity Partners, a global private equity firm based in Providence, Rhode Island, which manages funds with over US$45 billion in commitments. Wikipedia
Since 1995, Platinum Equity has made over 200 acquisitions across a broad array of industries, including information technology, telecommunications, logistics and distribution, industrials, manufacturing, media, real estate, prison communications and automotive.
Rhode IslandProvidence, city, capital of Rhode Island, U.S. It lies in Providence county at the head of Narragansett Bay on the Providence River.
The firm specializes in leveraged buyout transactions as well as growth capital investments and has invested in more than 200 companies globally since its inception in 1989....Providence Equity.TypeLimited liability companyFounderJonathan M. Nelson, CEOHeadquarters50 Kennedy Plaza Providence, Rhode Island , USA8 more rows
Providence Strategic Growth (“PSG”) is an affiliate of Providence Equity Partners (“Providence”). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies.Sep 11, 2019
The Carlyle GroupThe Carlyle Group completes acquisition of majority ownership of Sedgwick - Stone Point Capital.Dec 31, 2018