Classroom-Response Company, Turning Technologies Swaps Private Equity Owner

Mergers and Acquisitions

Classroom-Response Company, Turning Technologies Swaps Private Equity Owner

Jan 7, 2019

TURNING A NEW OWNER: Turning Technologies, a Youngstown, Ohio-based company that provides audience polling, interactive whiteboards and assessment tools used in K-12 and higher-ed classrooms, has been acquired by Centre Lane Partners. Terms of the deal were not disclosed. On its website, Centre Lane, a private equity firm, states it typically invests $5 to $250 million to acquire companies generating $25 to $500 million in revenue.

Turning Technologies has frequently swapped hands. It was previously owned by another private equity group, Brockway Moran & Partners, which acquired Turning in 2010 from Talisman Capital Partners and Patriot Capital.

Founded in 2002, Turning claims it has sold more than 20 million of its classroom response tools to schools, businesses and governments around the world. In 2013 it acquired one of its competitors, eInstruction. Turning will remain in its Ohio headquarters and expects to grow its team through additional hires, according to a press release.

TURNING A NEW OWNER: Turning Technologies, a Youngstown, Ohio-based company that provides audience polling, interactive whiteboards and assessment tools used in K-12 and higher-ed classrooms, has been acquired by Centre Lane Partners. Terms of the deal were not disclosed. On its website, Centre Lane, a private equity firm, states it typically invests $5 to $250 million to acquire companies generating $25 to $500 million in revenue.

Turning Technologies has frequently swapped hands. It was previously owned by another private equity group, Brockway Moran & Partners, which acquired Turning in 2010 from Talisman Capital Partners and Patriot Capital.

Founded in 2002, Turning claims it has sold more than 20 million of its classroom response tools to schools, businesses and governments around the world. In 2013 it acquired one of its competitors, eInstruction. Turning will remain in its Ohio headquarters and expects to grow its team through additional hires, according to a press release.

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