Deals

Online education September 16, 2021

Sale of international education business to US buyer

HLaw acted for the seller of an online education business marketing to business professionals worldwide and amongst the leaders in its field. The company was sold to US buyers who themselves were mid-way through a significant series C funding round and who will integrate the acquired business into their own.

The deal involved an element of cash consideration as well as roll over equity and loan notes, with the HLaw team having to manage the deal on the sell side across time zones and liaising with advisors and parties in the US, the UK, elsewhere in Europe, Asia and in Ausralia.

We were thrilled to help our client get this across the line and will update this release when the deal goes public.

Deal/project: Acquisition

Date closed: September 2021

Space: Online education

Other lawyers and advisors: Confidential

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