Oaklins DeSilva+Phillips Co-Advised n2y LLC on its Majority Investment from Providence Equity Partners
Oaklins DeSilva+Phillips and Citizens Capital Markets, Inc., served as co-advisors to The Riverside Company and its portfolio company, n2y LLC, (the “Company”) in its majority investment from Providence Equity Partners. The Company will continue to be led by Chief Executive Officer Chrissy Wostmann and its current management team. The Riverside Company, which invested in n2y in 2016, and members of n2y’s management team will retain ownership stakes in the business.
Since its founding in 1997, n2y has changed how K-12 special education is taught by providing special education teachers and families with award-winning personalized solutions. The Company’s products are designed to improve student outcomes, teacher efficiency, school compliance, and parent communication and collaboration by providing a highly customizable and easy-to-use total special education solution. n2y’s Total Solution connects the entire individualized education program (IEP) team with powerful workflow tools that empower them to plan, teach, assess, report, manage behavior, and reach students wherever they learn—from self-contained classrooms to the resource room, inclusive general education, virtual and home settings. n2y is currently serving approximately 60,000 service providers in all 50 states.
“We believe in the unique potential of every student and that all students, regardless of learning style, should have access to the best tools and services to ensure they reach their full potential,” said Chrissy Wostmann, CEO of n2y. “Providence’s investment will help us further expand our portfolio of products and solutions for the 21st-century classroom, and their deep experience investing in high-growth education software companies will be incredibly valuable as we enter our next phase of growth and continue to change the lives of all the individuals we proudly serve.”
|Transaction Type||M&A Sell-side|
|Client||n2y LLC, a portfolio company of The Riverside Company|
|Investor||Providence Equity Partners|
|Industry||Education/Technology, Data & Information|