Silver Lake buys majority of Weld North Education
Silver Lake said Jan. 4 that it acquired a majority stake in Weld North Education. KKR is the seller. Financial terms weren’t announced. Weld North Education, of Greenwich, Connecticut, is a digital education technology company that develops digital curriculum and tools for preK-12th grade. Weld North LLC's other platform companies, Performance Matters and The Learning House, are not included in the Silver Lake transaction. Macquarie Capital and Centerview Partners provided financial advice to Weld North and KKR in the transaction, while Latham & Watkins LLP acted as the companies' legal adviser. Ropes & Gray LLP acted as legal adviser to Silver Lake in the transaction.
4 January 2018•5 mins read
