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Transactions / V•• E•••••••• C•••••

3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach

Add-on acquisitionannouncedadd-onannounced May 3, 2021Fact
What happened
Platform
3•••••••••add-on basis: 3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach | 3••••••••• is held by G••••••• Partners on its portfolio page; published on G••••••• Partners's own news page
Control
Control
Share acquired
unknown
Industry
education / education, training
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
5 named
Buy side
  • 3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach | 3••••••••• is held by G••••••• Partners on its portfolio page; published on G••••••• Partners's own news page
  • 3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach | 3••••••••• is held by G••••••• Partners on its portfolio page; published on G••••••• Partners's own news page
Side not stated
  • R••• L••••••, CMO of 3•••••••••, added “By integrating the VanEd and 3••••••••• brands, we can achieve additional growth in the real estate education market for pre-license, post-license, continuing education, broker, and appraiser licensing courses across a growing number of states.”
  • “We are excited to expand our approved and regulated course offerings into new states as we continue to support career growth for Real Estate professionals,” stated S••••••• M•••••••••, COO of 3•••••••••.
  • 3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach
Evidence
3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach
3••••••••• Acquires VanEd to Expand its Real Estate E•••••••• Reach | Private Equity Intelligence | DFX