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Transactions / Texas Teachers of Tomorrow, LLC

Recapitalization of Texas Teachers of Tomorrow

Majority recapitalizationclosedannounced Dec 11, 2015closed Dec 11, 2015Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
business_services / certification
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • Tom McKelveyDeal partnerconfirmed
    Tom McKelvey, Co‐Founder and Managing Partner at Gauge Capital added, “Texas Teachers is the leader in recruiting, training, and certifying new teachers in Texas.
  • Gauge CapitalSponsorconfirmed
    Gauge Capital announced that it has recapitalized Texas Teachers of Tomorrow, LLC (“Texas Teachers” or the “Company”) in partnership with the Company’s Founder and President, Vernon Reaser. | published on Gauge Capital's own news page gaugecapital.com
Side not stated
  • Gauge Capital announced that it has recapitalized Texas Teachers of Tomorrow, LLC (“Texas Teachers” or the “Company”) in partnership with the Company’s Founder and President, Vernon Reaser.
Evidence
Gauge Capital announced that it has recapitalized Texas Teachers of Tomorrow, LLC (“Texas Teachers” or the “Company”) in partnership with the Company’s Founder and President, Vernon Reaser.
Recapitalization of Texas Teachers of Tomorrow | Private Equity Intelligence | DFX