Simpson Thacher is representing affiliates of KKR in connection with their agreement to acquire Teaching Strategies, the leading provider of curriculum, assessment and family engagement tools to the early childhood education market, from global growth investor Summit Partners. KKR will be acquiring Teaching Strategies through its Core Investments strategy, which represents capital with a longer-term investment horizon. Financial details of the transaction were not disclosed.
With a strong belief that a child’s first eight years form a critical foundation for success in school and in life, Teaching Strategies has been an advocate for the early education community for over 40 years. Teaching Strategies connects teachers, children and families to inspired teaching and learning experiences, informative data, stronger family partnerships, and professional learning through the leading early learning platform. Its products, including the most widely-used curriculum and assessment solutions The Creative Curriculum® and GOLD®, are found in over 270,000 classrooms and have served more than 15 million children across the globe.
The Simpson Thacher team includes Marni Lerner (M&A); Michael Ratay (Credit); Nancy Mehlman and Eli Shalam (Tax); David Rubinsky, Harry Hudesman and Guanxiong Xu (Executive Compensation & Employee Benefits); Michael Isby (Environmental); Genevieve Dorment, Melanie Jolson and Hilary Wong (Intellectual Property); Krista McManus, Dennis Loiacono and Stephanie Brenner (Real Estate); and Peter Guryan and Max Fischer-Zernin (Antitrust). Summer Associate Dan Kim also provided valuable assistance.