Simplilearn, an online learning bootcamp offering digital skills training and courses to working professionals and backed by Blackstone, has bought Fullstack Academy, a technology education provider based in New York City.
Fullstack’s offerings include bootcamp programs and disciplines within Fullstack Academy, the Grace Hopper Program, government programs and 20 university and industry partners, adding up to over 7,000 alumni across the U.S. Fullstack Academy will continue its current brand and bootcamp offerings and operate as an independent business within Simplilearn. The company looks to continue its growth and build on its history and experience in the U.S. bootcamp space.
We are very confident in the future success of our organization and excited about what the change of ownership will bring to all staff, students, partners, and alumni,” comments Jerrad Tausz, CEO of Fullstack Academy. “I look forward to leveraging our shared vision with Simplilearn to bridge the digital skills gap in the U.S. market.”
Tyton Partners acted as financial advisor and DLA Piper acted as legal advisor to Fullstack Academy.