Evergreen Coast Capital’s Acquisition of DreamBox Learning

Ropes & Gray represented Evergreen Coast Capital Corp. in the transaction. Gibson, Dunn & Crutcher advised the DreamBox board of directors and Williams & Connolly advised management on the transaction.

Evergreen Coast Capital Corp. executed its acquisition of a majority stake in DreamBox Learning, the leading education technology provider that pioneered intelligent adaptive learning. Terms of the transaction were not disclosed. 

DreamBox supports 400,000 educators and approximately 6 million students in all 50 states, the District of Columbia, Puerto Rico, and throughout the United Kingdom, Australia, Canada, and Mexico.

Evergreen Coast Capital, which focuses on technology investing, is part of Elliott Investment Management L.P., which manages more than $48 billion of assets.

The Ropes & Gray team representing Evergreen Coast Capital was led by private equity partner Howard Glazer (Picture; San Francisco) and private equity associate Samuel Levitt (New York), and included leveraged finance partner Kevin Jarboe (Boston), private equity partner Jay Freedman (San Francisco), employment, executive compensation and employee benefits partners Alexandra Alperovich (New York) and Megan Bisk (Boston), tax partner Benjamin Rogers (San Francisco), and IP transactions partner Megan Baca (Silicon Valley), private equity counsel Amy Olson (San Francisco), tax counsel Michael Mendelevich, and data, privacy & cybersecurity counsel Kevin Angle (both of Boston).

Involved fees earner: Alexandra Alperovich – Ropes & Gray; Kevin Angle – Ropes & Gray; Megan Baca – Ropes & Gray; Megan Bisk – Ropes & Gray; Jason Freedman – Ropes & Gray; Howard Glazer – Ropes & Gray; Kevin Jarboe – Ropes & Gray; Samuel Levitt – Ropes & Gray; Michael Mendelevich – Ropes & Gray; Amy Olson – Ropes & Gray; Benjamin Rogers – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Evergreen Coast Capital Corp.;