Knowledge industries

Exterro Completes Significant Strategic Recapitalization in Excess of $1 Billion

Retrieved on: 
Tuesday, July 26, 2022

As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.

Key Points: 
  • As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.
  • Since Leeds Equitys initial investment in 2018, Exterro has more than quadrupled its revenue, and now serves more than 3,000 customers across the world.
  • It has also included significant R&D investments in e-discovery, privacy, digital forensics, and incident management as well as investments in the Exterro team.
  • The firm was founded in 1993 and has managed over $4.5 billion of capital across a broad spectrum of companies within the Knowledge Industries.

Exterro Completes Significant Strategic Recapitalization in Excess of $1 Billion

Retrieved on: 
Tuesday, July 26, 2022

PORTLAND, Ore., July 26, 2022 /PRNewswire/ -- Exterro, Inc., a portfolio company of Leeds Equity Partners ("Leeds Equity"), announced today that it has completed a strategic recapitalization and secured additional committed equity capital as part of a continuation vehicle transaction valuing Exterro at more than $1 billion (USD). With the support of a group of leading global institutional investors co-led by Coller Capital and Glendower Capital, this transaction will enable Exterro to devote more resources to the growth of its Legal GRC portfolio of products through M&A and product development.  Exterro will continue to develop new initiatives for law firms and service providers, drive accelerated growth of its digital forensics product set and reinvest in its first-class global Training Academy, as it delivers new products to new geographies.  As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.

Key Points: 
  • As part of the recapitalization, Leeds Equity has made a significant new equity commitment from its latest flagship fund, Leeds Equity Partners VII, L.P., alongside the continuation vehicle and management.
  • Since Leeds Equity's initial investment in 2018, Exterro has more than quadrupled its revenue, and now serves more than 3,000 customers across the world.
  • It has also included significant R&D investments in e-discovery, privacy, digital forensics, and incident management as well as investments in the Exterro team.
  • The firm was founded in 1993 and has managed over $4.5 billion of capital across a broad spectrum of companies within the Knowledge Industries.

Leeds Equity Partners Announces Sale of Amplifire to Polaris Partners

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity"), the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced the sale of its portfolio company Knowledge Factor, Inc. ("Amplifire," or the "Company"), a leading SaaS provider of cognitive science-based assessment, training, and data analytics, to Polaris Partners.

Key Points: 
  • NEW YORK, July 25, 2022 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity"), the New York-based private equity firm focused exclusively on investing in the Knowledge Industries, announced the sale of its portfolio company Knowledge Factor, Inc. ("Amplifire," or the "Company"), a leading SaaS provider of cognitive science-based assessment, training, and data analytics, to Polaris Partners.
  • Canaccord Genuity served as financial advisor to Amplifire and Leeds Equity Partners.
  • Amplifire, founded in 2000, is headquartered in Boulder, CO.
    Leeds Equity Partners is a private equity firm dedicated exclusively to partnering with management teams in the education, training, and information services industries (the "Knowledge Industries").
  • Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies.

95 Percent Group Announces Formation of New Executive Team to Accelerate Growth and Impact

Retrieved on: 
Tuesday, June 14, 2022

NEW YORK, June 14, 2022 /PRNewswire/ -- 95 Percent Group LLC, a leading provider of literacy solutions and instructional strategies for K-12 schools nationwide, today announced a new executive team to drive forward the company's mission to support educators in addressing the reading needs of all children.

Key Points: 
  • "I am thrilled to have completed the formation of our new executive team," Lindaas said, "This extremely talented group brings a diverse range of experience and expertise to 95 Percent Group.
  • Together they uniquely position us to expand our strategic product and professional learning offerings, and help more educators accelerate student reading outcomes."
  • Mehul Patel, Chief Financial Officer, comes to 95 Percent Group from TCS Education System where he was CFO since 2015.
  • "We applaud Brad for having quickly assembled an impressive team of executives to lead 95 Percent Group forward.

CeriFi Completes Acquisition of MarkMeldrum.com, Enhancing Position as the Leading Provider of Financial Education, Training and Certification

Retrieved on: 
Wednesday, April 6, 2022

MarkMeldrum.com represents the eleventh acquisition for CeriFi, a leading provider of premium financial education, training and certification solutions to the financial services industry.

Key Points: 
  • MarkMeldrum.com represents the eleventh acquisition for CeriFi, a leading provider of premium financial education, training and certification solutions to the financial services industry.
  • The strategic combination further enhances the value CeriFi can provide to its financial institution customers through a broader and deeper product portfolio.
  • Today, CeriFi's product portfolio includes education, training and certification in accounting, financial crime, financial planning, financial risk management, insurance, securities licensing, tax and financial curriculum and courseware.
  • CeriFi is a diversified education, training and certification provider serving professionals across the financial services market.

Simplify Compliance, a Portfolio Company of Leeds Equity Partners, Completes Acquisition of Human Capital Institute, Strengthening its HR Offering

Retrieved on: 
Monday, February 14, 2022

BRENTWOOD, Tenn., Feb. 14, 2022 /PRNewswire-PRWeb/ --Simplify Compliance, a portfolio company of Leeds Equity Partners, announces the acquisition of Human Capital Institute (HCI).

Key Points: 
  • BRENTWOOD, Tenn., Feb. 14, 2022 /PRNewswire-PRWeb/ --Simplify Compliance, a portfolio company of Leeds Equity Partners, announces the acquisition of Human Capital Institute (HCI).
  • HCI will join Simplify Compliance under its Business & Learning Resources (BLR) brand, helping to expand its capabilities within the human capital management market.
  • HCI believes that strategic, high-performing HR professionals and teams drive better human capital and business outcomes by aligning their organizations' human capital strategy with their business strategy.
  • Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies.

Leeds Equity and 95 Percent Group Partner to Support Evidence-Based Literacy

Retrieved on: 
Tuesday, December 7, 2021

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity") and 95 Percent Group (the "Company"), a best-in-class provider of whole class and intervention literacy curriculum products and services to districts and schools across the U.S., announced today that Leeds Equity has made a significant investment in the Company.

Key Points: 
  • NEW YORK, Dec. 7, 2021 /PRNewswire/ -- Leeds Equity Partners ("Leeds Equity") and 95 Percent Group (the "Company"), a best-in-class provider of whole class and intervention literacy curriculum products and services to districts and schools across the U.S., announced today that Leeds Equity has made a significant investment in the Company.
  • "Leeds Equity is our choice of a financial partner for the company's next chapter because of their commitment to invest in our mission to support teachers in implementing Science of Reading practices.
  • "We are honored to partner with Dr. Hall, David, Brad and the 95 Percent Group team to support the Company's mission," said Scott VanHoy, Partner at Leeds Equity Partners.
  • Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies.

Harris Williams Advises Eurazeo on its Pending Acquisition of Scaled Agile

Retrieved on: 
Thursday, November 18, 2021

Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Eurazeo (EPA: RF) on its pending acquisition of Scaled Agile, Inc. (Scaled Agile), a portfolio company of Leeds Equity Partners (Leeds Equity) and Rubicon Technology Partners (Rubicon).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces it is advising Eurazeo (EPA: RF) on its pending acquisition of Scaled Agile, Inc. (Scaled Agile), a portfolio company of Leeds Equity Partners (Leeds Equity) and Rubicon Technology Partners (Rubicon).
  • Eurazeo will hold a majority stake and invest approximately $300 million alongside existing investors Leeds Equity and the Scaled Agile management team.
  • It was a pleasure advising Eurazeo and we are excited for the next chapter of growth for Scaled Agile.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Anthology Completes Merger with Blackboard, Launches Next Chapter in EdTech

Retrieved on: 
Monday, October 25, 2021

The parent company of the newly combined organization will be Anthology, with the Blackboard name continuing as an integral part of its brand portfolio. The Anthology brand represents the collection of the best and signifies the continued focus on creating the next chapter in EdTech. The company will tap its leading global position -- with more than 150 million users across 80 countries -- and a comprehensive portfolio of innovative solutions, to enable institutions to remove the historical barriers between administrative and learning ecosystems and drive learner and institutional success.

Key Points: 
  • By bringing Blackboard and Anthology together, the combination will create the most comprehensive and modern EdTech ecosystem at a global scale for education.
  • The Anthology brand represents the collection of the best and signifies the continued focus on creating the next chapter in EdTech.
  • The company also will maintain its global facility footprint including the main Blackboard office in Reston, Virginia.
  • "The closing of the transaction represents the next chapter for Anthology and Blackboard as our collective offerings can deliver unmatched personalized experiences and insights across the full learner lifecycle," said Milton.

Wonolo Secures $138 Million in New Funding to Reshape the Future of Working

Retrieved on: 
Tuesday, October 19, 2021

This latest round brings Wonolo's total venture funding to over $200 million.

Key Points: 
  • This latest round brings Wonolo's total venture funding to over $200 million.
  • We are seeing a seismic shift in what workers are looking for when it comes to selecting job opportunities.
  • "I'm excited to have new mission-driven investors joining us to help raise the bar for workers everywhere.
  • Wonolo's next phase of growth will drive this evolution to bring more flexibility, fair chances and fulfilling jobs to all workers."