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