KKR’s Acquisition of Teaching Strategies

Simpson Thacher advised affiliates of KKR on the transaction.

Affiliates of KKR announced 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.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. 

The Simpson Thacher team included Marni Lerner (Picture); Adam Shapiro and 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.

Involved fees earner: Stephanie Brenner – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Maxime Fischer-Zernin – Simpson Thacher & Bartlett; Peter Guryan – Simpson Thacher & Bartlett; Harry Hudesman – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Melanie Jolson – Simpson Thacher & Bartlett; Marni Lerner – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Michael Ratay – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Eli Shalam – Simpson Thacher & Bartlett; Adam Shapiro – Simpson Thacher & Bartlett; Hilary Wong – Simpson Thacher & Bartlett; Guanxiong Xu – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: KKR;

Author: Martina Bellini