Tech Company M&A Transactions
Trilogy Education Services Acquisition
Trilogy Education Services was purchased by 2U. The transaction was announced on 4/8/2019. The companies indicated that total deal value was $750 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/8/2019
Transaction Type
M&A
Amount
$750,000,000
M&A Terms
2U, Inc. (Nasdaq: TWOU), a leader in education technology, today announced that it has entered into an agreement to acquire Trilogy Education, a workforce accelerator that prepares adult learners for high-growth careers in the digital economy, for $750 million in cash and stock.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
980 N. Fed Hwy. 412
Boca Raton, FL 33432
USA
Boca Raton, FL 33432
USA
Phone
Undisclosed
Website
Email Address
Overview
Last year, U.S. companies struggled to fill more than 1.3 million job openings in software development. The market is responding to this demand, but most students turn to standalone code development boot camps for the answer. Trilogy Education Services partners with universities to teach students to code and prepare them for career success in the digital economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Sommer
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