Clearlake Capital Buys Discovery Education
socalTECH
MARCH 9, 2022
Santa Monica-based private equity investor Clearlake Capital announced this morning that it is acquiring Discovery Education, a developer of educational software, from another private equity investor, Francisco Partners. According to Clearlake Capital, it will become majority shareholder in Discovery Education, with Francisco Partners retaining a minority equity stake. Discovery Education is a provider of K-12 digital curriculum to schools.
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