Author: fostercoburn5
Houghton Mifflin Harcourt Successfully Completes Sale to Veritas Capital
Leading EdTech Company Well-Positioned to Accelerate Digital Transformation and Enhance Value for All Stakeholders BOSTON – WEBWIRE – Friday, April 8, 2022
Houghton Mifflin Harcourt Company (HMH, or the Company), a learning technology company, announced that it has completed its previously announced sale to certain affiliates of Veritas Capital (Veritas), a leading private equity investment firm with a focus on technology companies. The transaction, completed through a successful tender offer of $21 per share, implied an equity value for the Company of approximately $2.8 billion.
Today marks an exciting new chapter for HMH. As we continue to ... Read more