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SGP sells Learners Edge to L Squared

L Squared Capital Partners has acquired Learners Edge, a Lakeville, Minnesota-based provider of online professional development, continuing education and master’s degree programs for K-12 teachers, from Stone-Goff Partners. No financial terms were disclosed. George K. Baum Capital Advisors provided financial advice to Learners Edge on this deal. Founded in 2002 by two middle-school geography teachers, the company was established with the mission to help teachers advance their classroom skills and careers, while also improving student learning. Co-founders Joe Cotter and Kyle Pederson started with innovative distance-learning courses, enabling teachers to secure their education and training whenever and wherever they preferred. As the distance learning model transitioned online, they invested heavily in an online platform that could deliver full course curriculum. Learners Edge claims it is now the largest online direct-to-teacher continuing education provider in the U.S. In 2013, Stone-Goff Partners invested alongside the company’s co-founders.


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