Providence’s Ascend Buys PrepMe Adaptive Learning
All of a sudden, private equity can’t stop taking notice of education deals. The week after KKR’s new education platform made its first deal, Providence Equity Partners-backed Ascend Learning acquired PrepMe Adaptive Learning, the Chicago-based publisher of online courses and educational materials. PrepMe was founded by Avichal Garg and Karan Goel. Terms of the deal were not disclosed.
19 July 2011•3 mins read
