Houlihan Lokey Advises Ridgemont Equity Partners
Houlihan Lokey is pleased to announce that Ridgemont Equity Partners (Ridgemont) has made a significant minority investment, alongside the majority owner The Rise Fund, TPG’s multi-sector global impact investing strategy, to facilitate the acquisition of Teachers of Tomorrow.
Ridgemont Equity Partners is a buyout and growth equity investor focused on business services, industrials, technology and telecom, healthcare, and infrastructure. It has relevant experience in service, distribution, and tech-enabled business models. Since inception, Ridgemont has managed $5.5 billion of committed equity capital and invested in 162 companies.
Headquartered in Houston and founded in 2005, Teachers of Tomorrow is the leading provider of online solutions for educators, including alternative certifications, professional development, and test preparation. Teachers of Tomorrow provides high-quality training to teachers, meeting districts’ hiring needs and providing exceptional educators for students. It works closely with over 1,000 districts to ensure that the best possible talent is placed in the classroom.
Houlihan Lokey served as the exclusive financial advisor to Ridgemont. This transaction highlights Houlihan Lokey’s sector knowledge and continued momentum in the broader learning technology and services space.
RELATED: Business Services, Training and Education