Tech Company M&A Transactions
Thinkful Acquisition
Thinkful, based in New York, was bought by Chegg. Deal value was $100 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/4/2019
Transaction Type
M&A
Amount
$100,000,000
M&A Terms
Chegg expects to acquire Thinkful for approximately $80 million in an all-cash transaction. There are potential additional payments of up to $20 million, which may be paid in cash or restrictive stock units, at Chegg's sole discretion, subject to performance-based contingencies.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
598 Bdwy. 5th Floor
New York, NY 10012
USA
New York, NY 10012
USA
Phone
Website
Email Address
Overview
We believe that the best way to learn is through apprenticeship. We provide curricula to structure your learning and mentorship to accelerate it. That combination -- self-directed, online learning and frequent, one-on-one help -- sets Thinkful apart.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Darrell Silver
Chief Technical Officer
Saul Diez-Guerra
President
Dan Friedman
VP - Marketing
Catherine DeSantis
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