Stukent Expands Educational Portfolio with BusinessU Acquisition

Funding | Jan 22, 2025 | EIN

Stukent Expands Educational Portfolio with BusinessU Acquisition

Stukent, recognized globally for its innovative approach to experiential learning and Simternships, has announced the acquisition of BusinessU, a provider of interactive curriculum solutions for high school business classrooms. This acquisition supports Stukent's mission to provide state-of-the-art educational tools that empower educators and inspire students. BusinessU’s robust platform will seamlessly integrate into Stukent’s offerings, enhancing the flexibility and reach of their curriculum by adding new subjects like agriculture and expanding full-year business courses. This strategic move aligns with Stukent's vision to enrich learning experiences by integrating BusinessU's methods with Stukent's extensive Simternship expertise, thereby broadening access for various educational institutions. The collaboration is expected to streamline professional development opportunities for educators and expand classroom success. Stukent, headquartered in Idaho Falls and backed by Tritium Partners, continues to leverage its position in the educational technology sector to innovate and expand its portfolio offerings.

Sectors

  • Educational Technology
  • Private Equity

Geography

  • United States – Both Stukent and BusinessU are headquartered in the U.S., with Stukent based in Idaho Falls, ID and BusinessU in Lexington, KY, making the U.S. the primary geography of the acquisition.

Industry

  • Educational Technology – The acquisition involves companies that provide technology-enhanced educational solutions, focusing on experiential learning and curriculum development.
  • Private Equity – Tritium Partners, a private equity firm, owns Stukent, highlighting the role of private investment in the growth and strategic development of educational technology firms.

Financials

    Participants

    NameRoleTypeDescription
    StukentAcquirerCompaniesStukent is a leader in experiential learning technologies, specifically known for its Simternships in business and marketing disciplines.
    BusinessUTarget CompanyCompaniesBusinessU provides interactive, standards-based curriculum for high school business education, focusing on diverse leadership examples and skills development.
    Tritium PartnersOwner of StukentCompaniesA private equity firm focused on technology and services sectors, backing Stukent in its educational and expansion strategies.
    Jim HolmCEO of StukentPeopleJim Holm is the Chief Executive Officer of Stukent, leading the company in its strategic acquisitions and development.
    Michael LewisPresident and Cofounder of BusinessUPeopleMichael Lewis, as President and co-founder, has been instrumental in developing BusinessU's innovative educational solutions.
    Graham BaughmanCofounder of BusinessUPeopleGraham Baughman is one of the co-founders of BusinessU, contributing to its curriculum and platform development.
    Sam MarksCofounder of BusinessUPeopleSam Marks is a co-founder of BusinessU, instrumental in its foundations and growth in business education solutions.