Curriculum Associates on the investment by Hellman & Friedman

Torch acted as exclusive financial adviser to Curriculum Associates’ majority shareholders, Permira and Berkshire Partners, on the investment by Hellman & Friedman.

Curriculum Associates (“CA”) is a leading, adaptative learning platform for U.S. K12 schools and districts offering products currently used by 22,000+ schools and 10m+ students. CA further offers a deep integration of content and learning diagnostics with a premiere set of tools for teachers to deliver tailored learning across the U.S. CA currently addresses $4bn of the total EdTech spend in the U.S. and $4bn of near market expansion is planned in the core curriculum, supplemental curriculum and assessment areas.

Torch played a pivotal role in preparing key process deliverables, project management and in managing a highly competitive, multi bidder, auction. Our extensive experience in working with private equity funds helped CA, its management team and shareholders achieve the best possible transaction outcome.

Price undisclosed

M&A

January 2022