Tyton Partners acted as exclusive financial advisor to Firecracker in its sale to Wolters Kluwer.
Firecracker is an adaptive learning, assessment, and study-planning solution used by more that 20 percent of U.S. medical students. The platform combines rich data analytics and machine learning to better ensure long-term retention of learned material and automated remediation of weak areas, while also providing faculty and administrators with an integrated course management, assessment, and analytics platform.
Wolters Kluwer is a global leader in information, software solutions, and services for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. The company serves customers in over 180 countries, maintains operations in over 40 countries, and employs 19,000 people worldwide. Wolters Kluwer’s shares are listed on Euronext Amsterdam, and are included in the AEX and Euronext 100 indices.
Read the press release here.
Has been acquired by
Transaction type: Sell side M&A
Transaction date: March, 2018