Preply, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Preply, Inc. is an online platform dedicated to connecting learners with tutors worldwide, offering personalized lessons in various subjects, with a strong emphasis on language learning. Preply leverages technology to facilitate real-time, one-on-one tutoring sessions, helping students achieve their learning goals with flexible scheduling and a wide array of qualified instructors. Product Breakdown Online Tutoring Platform: Preply provides a robust and user-friendly platform for online tutoring, allowing students to find and connect with tutors from around the globe. The platform supports over 120 subjects, with a particular focus on language learning. Students can choose from more than 32,000 tutors, covering languages such as English, Spanish, French, German, Chinese, and many more. Tutors offer personalized lessons tailored to each student's needs, enabling effective and efficient learning. Additionally, Preply offers corporate language training solutions designed to help businesses enhance their employees' language skills through customized learning programs.
Keywords
Keywords
Classified
Private