Varsity Tutors to Go Public at $1.7B Valuation Through SPAC Acquisition
Edsurge
FEBRUARY 1, 2021
TPG, the private equity firm behind the deal, is an investor in other edtech companies through its social-impact arm, The Rise Fund. TPG was also a backer of Lynda.com, an early pioneer in online video instruction, which was acquired by LinkedIn for $1.5 These include Adit EdTech Acquisition Corp. billion in 2017.
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