Tech Company M&A Transactions
General Assembly Acquisition
Headquartered in New York, General Assembly was bought by Adecco Group. The parties disclosed the acquisition price to be $412.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/16/2018
Transaction Type
M&A
Amount
$412,500,000
M&A Terms
The acquisition will position the Adecco Group as a leader in the fast-growing up-/re-skilling segment, complementing existing solutions and creating significant synergies in Talent Development & Career Transition and Professional Staffing & Solutions. Total enterprise value is USD 412.5 million (EUR 335 million) and the transaction is expected to be EVA positive in the third full year of ownership.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
902 Bdwy. 4th Floor
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
Master new skills in design, marketing, technology, and data online or at our campuses around the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jake Schwartz
Co-Founder
Matthew Brimer
Browse more venture capital transactions:
Prev: 4/16/2018: Veros Systems venture capital transaction
Next: 4/16/2018: Somnoware venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs