Tyton Partners acted as exclusive financial advisor to Aztec in its sale to PSG.
Since 1980, Aztec Software has been in the business of improving the lives of adult and young adults through computerized skills remediation, with a focus on core academic subject areas, as well as those skills for ABE and HSE test preparation. Developed by educators, not technologists, the company has expanded its product set beyond academic material and into all aspects of the transitioning worker’s retraining and survival. Aztec’s software platform provides instructors and students with the tools they need to diagnose, remediate, instruct and learn, while utilizing ongoing formative assessments to guide the learning and instructional process. Our content provides instruction from the 1.5 Grade Level Equivalency through high school equivalency and also includes college-prep or workforce readiness modules.
Providence Strategic Growth (PSG) is a premier asset management firm with over $45 billion in aggregate capital commitments. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm’s inception in 1989, Providence has invested in over 200 companies and has become a leading private equity firm specializing in growth-oriented investments in media, communications, education, software and services.
has been acquired by
Transaction Type: Sell side M&A
Transaction Date: May 2020