Milbank LLP has advised Veritas Capital-backed Anthology, a leading provider of education solutions that support the entire learner lifecycle, in the successful sale of its Blackboard K-12 Community Engagement division to Finalsite.
This combination of complementary solutions creates a leading global provider of website, marketing, and communications software and services for K-12 schools, with a total client base of over 7,000 schools and districts across 115 countries, as well as expanded resources to provide customers even higher levels of service and support. With the addition of Blackboard K-12, Finalsite can provide its clients enhanced access to more solutions, services, and thought leadership designed expressly for K-12 institutions, delivered and supported by a focused team of industry experts.
The Milbank deal team was led by Global Corporate partner Richard Presutti along with associates Lowell Dyer and Benjamin Fidler. The team also included Global Capital Markets partner Antonio Diaz-Albertini, along with associate Christina Chaplygina, Executive Compensation and Employee Benefits partner Mike Shah and Tax partner Max Goodman.