Milbank LLP is advising Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government, and its portfolio company, Anthology, in connection with a definitive agreement to combine Anthology and Blackboard, a leading global EdTech software and solutions company.
The merger of Blackboard and Anthology, a leading provider of enterprise software and solutions around enrollment management, student engagement, alumni fundraising and institutional effectiveness, will create a comprehensive and modern EdTech ecosystem across academic, administrative and student engagement applications.
The Milbank deal team was led by Global Corporate partners Richard Presutti and Iliana Ongun, along with associate Lowell Dyer. The team also included Global Capital Markets partner Antonio Diaz-Albertini, Executive Compensation and Employee Benefits partner Mike Shah and Tax partner Max Goodman.