Tyton Partners acted as exclusive financial advisor to TCV in its acquisition of a controlling interest in Watermark.
Watermark is the largest provider of assessment software for higher education institutions worldwide. The company provides educational intelligence systems that allow colleges and universities to gain insights into student learning so that they can improve the quality of educational programs, assess institutional effectiveness, and streamline the accreditation process. Watermark’s solutions support over 1,100 higher education institutions, including the majority of the top 200 colleges as ranked by U.S. News and World Report.
TCV provides capital to growth-stage private and public companies in the technology industry. The firm has invested over $10 billion in leading technology companies and has helped guide CEOs through more than 110 IPOs and strategic acquisitions.
Read the press release here.
has made a strategic investment in
Transaction Type: Buy side M&A
Transaction Date: March, 2018