Blackboard Inc. ... announced that the company has completed the sale of its Blackboard Transact business unit (“Transact”) to Reverence Capital Partners, LP (“Reverence”). The completion of the transaction will allow Blackboard to remain focused on and continue to deliver market-leading innovation in its teaching and learning portfolio of solutions, the core of its business for over 20 years.
— Prnewswire
J Sagar Associates advised
Primary jurisdiction of deal:
2019-04-30
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