SkillSoft (NASDAQ:[[ticker:SKIL]]), a provider of educational and performance-support software with U.S. headquarters in Nashua, NH, has agreed to be acquired by a syndicate of private equity firms for $10.80 per share or a total of about $1.1 billion, according to a press release. The private equity buyers include Advent International, Bain Capital, and Berkshire Partners, all of which have offices in Boston, according to their websites. SkillSoft, which has its global headquarters in Dublin, Ireland, said the deal is subject to shareholder approval and other customary closing conditions.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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