Providence Equity Partners has acquired n2y LLC from The Riverside Company
The Riverside Company has sold n2y LLC to Providence Equity Partners.
n2y changes the lives of special educators, therapists, speech-language pathologists and their students, seamlessly delivering a complete, differentiated instructional program tailored to help individuals with unique learning needs access the general education curriculum. n2y’s comprehensive, research-based solution frees educators to teach and empowers learning with standards-based academic content, powerful assessment and data collection, an accessible supplemental newspaper, dynamic symbol communication tools, skill-based learning games and groundbreaking classroom management resources – all supported by best-in-class professional development.
Providence is a premier global asset management firm with over US$45 billion in aggregate capital commitments. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 180 companies and has become a leading equity investment firm focused on the media, communications, education and information industries. Providence is headquartered in Providence, Rhode Island, and has offices in New York and London.
The Riverside Company is a global private equity firm focused on acquiring and investing in growing businesses valued at up to US$400 million. Since its founding in 1988, Riverside has invested in more than 420 transactions. The firm’s international portfolio includes more than 80 companies.
Oaklins DeSilva+Phillips, one of Oaklins’ TMT teams in New York, and Citizens Bank, acted as sell-side advisors in this transaction.
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