Debevoise & Plimpton LLP is advising Providence Equity Partners in the combination of Blackboard, a leading global educational technology software and solutions company backed by Providence, with Veritas Capital’s portfolio company Anthology. The combined company will create a comprehensive EdTech ecosystem across academic, administrative and student engagement applications. For more information, please see the company’s press release.
Providence is a premier global private equity firm with approximately $45 billion in aggregate capital commitments. Blackboard is a leading EdTech company, serving higher education, K-12, business and government clients around the world. Anthology is a leading provider of proven higher education solutions that support the entire learner lifecycle.
The Debevoise team is led by M&A partners Sue Meng and Michael Diz and includes associate John Love, investment management partners Andrew Ahern and Alisa Waxman and associates Morgan Aveni, Xiao Luo and Amy Ross, and tax partners Rafael Kariyev and Peter Schuur and associate Lena Smith.