Tech Company M&A Transactions
MasteryConnect Acquisition
MasteryConnect, based in Salt Lake City, was acquired by Instructure. Instructure disclosed that the acquisition price was $42.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/4/2019
Transaction Type
M&A
Amount
$42,500,000
M&A Terms
The aggregate amount payable by the Company under the Merger Agreement is approximately $42.5 million. Approximately $12.3 million of the merger consideration will be paid in shares of the Company's common stock.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
175 West 200 South 1000
Salt Lake City, UT 84101
USA
Salt Lake City, UT 84101
USA
Phone
Website
Email Address
Not Recorded
Overview
MasteryConnect began when a passionate educator floated an idea past a team of top-notch web developers. With a combined 40 years of experience in education and software development, they recognized a need to provide teachers with an expanded opportunity to collaborate and share formative common assessments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cory Reid
Chief Financial Officer
Mark Pocock
Chief Technical Officer
Doug Weber
VP - Bus. Development
Marco Rivera
VP - Product Management
Mick Hewitt
VP - Sales
James Stoffer
Browse more venture capital transactions:
Prev: 4/4/2019: C-Motive Technologies venture capital transaction
Next: 4/4/2019: Cora venture capital transaction
Share this article
Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs