NEW YORK – Mintz advised PresenceLearning, Inc., a leading provider of teletherapy and software for special education and mental health providers in K-12 schools, in two recently completed transactions – the company’s acquisition of Global Teletherapy, a teletherapy service provider to virtual K-12 schools, and separately, a majority investment from Spectrum Equity, a growth equity firm, and The Rise Fund, TPG’s multi-sector global impact investing strategy. Both transactions will significantly propel PresenceLearning’s growth and help build the next generation of technology for therapists to expand student services.
PresenceLearning connects speech-language pathologists, occupational therapists, and behavioral and mental health professionals with students through its proprietary Therapy Essentials software platform, and has delivered more than 3 million teletherapy sessions to hundreds of K-12 schools and districts across the United States through its network of over 1,500 certified clinicians.
The Mintz team that advised PresenceLearning in its acquisition of Global Teletherapy was led by Stephen J. Gulotta, Jr., Managing Member of Mintz’s New York Office and Chair of the firm’s Corporate Practice, and Member Daniel Bagliebter. The Mintz team that advised PresenceLearning in the majority investment from Spectrum Equity and The Rise Fund was led by Mr. Gulotta, Member Gregg Benson, and Associates Nishant Dharia and Daniel Lerner.
Mintz’s Mergers & Acquisitions Practice includes an interdisciplinary group of more than 100 professionals from many areas of specialization, including corporate, tax, intellectual property, employee benefits, environmental, regulatory, real estate, antitrust, and others. The firm’s portfolio of successful deals includes transactions of virtually every size and type, from large public-to-public mergers to sales of private venture-backed businesses to negotiated and contested transactions and domestic, international, and cross-border transactions.
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