Our firm acted as exclusive financial advisor to Pathbrite in its sale to Cengage Learning. Pathbrite’s ePortfolio solution enables students to collect, track and showcase their work to demonstrate completion of assignments for graduation, accreditation and job placement. Pathbrite has users at 900 K20 institutions. Pathbrite’s portfolio platform is poised to revolutionize learning, teaching and assessment across the globe. Educators and students at institutions like Fresno State University, Laureate International Universities, Stanford University and the University of Illinois use Pathbrite to enhance learning outcomes, program completion rates and job placement rates of students.
Cengage Learning is a leading educational content, technology and services company for the higher education and K-12, professional and library markets worldwide. The company provides superior content, personalized services and course-driven digital solutions that accelerate student engagement and transform the learning experience.
Read the press release here.
DATE: October 2015
TRANSACTION TYPE: Private Company, Sell-Side