Bain Capital-led investor group acquires Penn Foster from Vistria

A Bain Capital-led investor group has acquired Penn Foster, a provider of digital and blended learning programs. The seller was Vistria Group. No financial terms were disclosed. Among the other investors in the buying group were Macquarie Capital, PineBridge Structured Capital and Zoma Capital. William Blair provided financial advice to Penn Foster on the deal.

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