WeWork sells Flatiron School to Carrick Capital Partners

WeWork sells Flatiron School to Carrick Capital Partners

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/06/30/wework-sells-flatiron-school-to-carrick-capital-partners/

WeWork, the once $47 billion company that was on the brink of a public offering, has been divesting a great number of its assets as it looks to right the course since releasing its S-1, which exposed its expanding costs, among other things, and sent its valuation plummeting.

Today, WeWork is announcing the sale of 100 percent of the equity in Flatiron School to Carrick Capital Partners, an investment firm focused on software-enabled businesses. Other terms of the deal, such as acquisition price, were not disclosed.

WeWork sells Flatiron School to Carrick Capital Partners

Jun 30, 2020, 1:36pm UTC
https://techcrunch.com/2020/06/30/wework-sells-flatiron-school-to-carrick-capital-partners/ > WeWork, the once $47 billion company that was on the brink of a public offering, has been divesting a great number of its assets as it looks to right the course since releasing its S-1, which exposed its expanding costs, among other things, and sent its valuation plummeting. > Today, WeWork is announcing the sale of 100 percent of the equity in Flatiron School to Carrick Capital Partners, an investment firm focused on software-enabled businesses. Other terms of the deal, such as acquisition price, were not disclosed.