Alpine Investors, a private equity firm, has purchased Fev Tutor, an online tutoring platform.
The deal will help further Fev Tutor’s mission to develop online learning services that drive change.
“We’re excited to partner with Alpine for the next stage of Fev’s growth as we see a generational opportunity to impact the lives of millions of K-12 students nationwide while closing ongoing achievement and equity gaps,” said Ryan Patenaude, co-founder of Fev Tutor. “Alpine’s PeopleFirst philosophy aligns with the DNA of our company and supports our values, which are all about doing good for people. FEV Tutor was established on the principle of being built to serve school districts at scale. Alpine’s expertise nationwide in the education space will not only help FEV Tutor extend its reach to more schools and districts but also assist and accelerate our investments in our products, platforms, and team.”
Tyton Partners served as financial advisor to FEV.