Leeds Equity Buys Nobel Learning in $149M Deal

Private equity investor Leeds Equity Partners will acquire Nobel Learning Communities Inc. in a deal valued at about $149 million. Under the terms of the deal, Nobel stockholders will receive $11.75 in cash per share, a premium of 36% over the company's closing price Tuesday. Nobel Learning is an operator of private preschools, elementary and middle schools and K-12 online distance learning. Leeds Equity is a New York-based private equity firm focused on investing in the education, training and information services industries.

DealsNorth AmericaUSBriefs