“The transaction is a home run for all involved...I can't wait to see what these two exceptional groups build in the coming years." - Robin Warner, Managing Director, DeSilva+Phillips
New York, NY (PRWEB) July 20, 2016
DeSilva+Phillips' client, n2y LLC, a leading developer of education curricula and teaching materials for K-12 students with special needs, has been sold to The Riverside Company. Based in Huron, Ohio, n2y offers its products to teachers and school administrators through a cloud-based subscription platform. DeSilva+Phillips acted as co-advisor to n2y’s founders along with Managing Director Kevin Mayer and Director Andy Male from Western Reserve Partners LLC.
n2y’s core products include Unique Learning System, a standards-based curriculum program designed specifically for students with special needs; news-2-you, a weekly current events newspaper; and SymbolStix, a symbol-based language used in learning materials. The Company’s products improve student performance, teacher efficiency, school compliance, and parent satisfaction by providing a highly customizable and easy-to-use solution.
n2y was founded in 1997, and Riverside will work with the management team to continue to deepen and expand the customer base, add complementary new products, enhance teacher training and development efforts, and pursue strategic add-on opportunities.
“We're delighted to partner with a high-quality education technology platform like n2y,” said Riverside Partner Peter Tsang. “We're looking forward to helping n2y continue growing both organically and through strategic add-ons and serving more students with special needs.”
“I have always led n2y with a sense of conviction, a knowledge that we could truly make a difference within the special education community. We have accomplished that goal, and I am now certain that The Riverside Company will continue that upward arch with our talented team, leading us to even greater achievements,” said Jacquie Clark, Founder and CEO.
“This was one of the most sought-after companies that DeSilva+Phillips and Western Reserve Partners have had the opportunity to represent. The transaction is a home run for all involved. It partnered a high growth, respected ed-tech company that improves the lives of special ed students and teachers, with an expert and leading acquirer of successful education companies. I can’t wait to see what these two exceptional groups build in the coming years,” said Robin Warner, Managing Director, DeSilva+Phillips Investment Bankers.
DeSilva+Phillips is a leading boutique investment bank providing M&A advisory and corporate finance services to the Media, Digital Media, Advertising & Marketing Services, Information Services and Education industries. Since its founding in 1996, D+P has closed over 280+ transactions, valued at $10 billion. D+P has 20 M&A professionals and is headquartered in New York with individuals also located in Baltimore, MD, Washington, D.C. and Denver, CO. (http://www.desilvaphillips.com and @desilvaphillips)
For more information about DeSilva+Phillips and its Education practice, please contact Robin Warner at Robin(at)Desilvaphillips(dot)com or 212.686.9700.