Deal Details
TeachTown Receives Strategic Growth Investment from L Squared
Summary
TeachTown, a portfolio company of Bain Capital Double Impact, growth investment by L Squared Capital Partners (“L Squared”). Terms of the transaction were not disclosed.
Baird served as lead financial advisor to TeachTown on this transaction.
About
Since its founding in 2003, TeachTown has been dedicated to improving the academic, behavioral and adaptive functioning of students with disabilities from Pre-K through 12th grade, empowering them to reach their educational goals with evidence-based instructional practices. TeachTown has grown tremendously since its inception and today supports more than 100,000 students with differentiated products and purpose-built curriculum. TeachTown is headquartered in Woburn, Massachusetts.Bain Capital Double Impact is the impact investing strategy of Bain Capital, a leading global private investment firm. Bain Capital Double Impact leverages deep industry experience and an active, value-added approach to build great companies that deliver both competitive financial returns and meaningful, measurable social and environmental good. Bain Capital Double Impact partners with companies across three themes – health & wellness, education & workforce development and climate & sustainability to create long-term value and meaningful social impact at scale. Bain Capital Double Impact is headquartered in Boston, Massachusetts.
L Squared is a private equity investment firm with over $2 billion of equity commitments under management that seeks to make long-term investments in leading growth companies that operate in targeted sectors: Education Technology, Tech-Enabled Services & Software and Industrial Technology & Services. L Squared’s unique investor base of family offices and institutions enables the firm to focus on long-term value creation driven by revenue and earnings growth, not financial engineering or market timing. The principals of L Squared have worked together for over 15 years and have over 125 years of combined experience investing in growing private companies. L Squared is headquartered in Newport Beach, California.
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- Date
- June 2024
- Company
- TeachTown
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
Knowledge Solutions
- Target Geography
- North America
- Acquiror Geography
- North America
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