Schulte Advises Veritas Capital and Cambium Learning Group in Acquisition of Rosetta Stone

Schulte advised Veritas Capital and Cambium Learning Group in the acquisition of Rosetta Stone, a world leader in technology-based learning solutions. Rosetta Stone provides language solutions to individual customers, schools and businesses globally. Cambium acquired Rosetta Stone in an all-cash transaction representing an equity value of approximately $792 million. The acquisition expanded Cambium’s digital-learning offerings for teachers, administrators and individuals. The deal was announced in August 2020 and closed in October 2020.