11/22/2019
Citizens Capital Markets, Inc. Co-Advises n2y LLC on its Majority Investment from Providence Equity Partners
PROVIDENCE, RI – Citizens Capital Markets, Inc. and Oaklins DeSilva and Phillips announced today that they served as co-advisors to The Riverside Company and its portfolio company, n2y LLC, in its majority investment from Providence Equity Partners. n2y will continue to be led by Chief Executive Officer Chrissy Wostmann and its current management team. The Riverside Company, which invested in n2y in 2016, and members of n2y’s management team will retain ownership stakes in the business.
Since its founding in 1997, n2y has changed how K-12 special education is taught by providing special education teachers and families with award-winning personalized solutions. Its products are designed to improve student outcomes, teacher efficiency, school compliance, and parent communication and collaboration by providing a highly customizable and easy-to-use total special education solution. n2y’s Total Solution connects the entire individualized education program (IEP) team with powerful workflow tools that empower them to plan, teach, assess, report, manage behavior and reach students wherever they learn — from self-contained classrooms to the resource room, inclusive general education, virtual and home settings. n2y is currently serving approximately 60,000 service providers in all 50 states.
“We believe in the unique potential of every student and that all students, regardless of learning style, should have access to the best tools and services to ensure they reach their full potential,” said Chrissy Wostmann, CEO of n2y. “Providence’s investment will help us further expand our portfolio of products and solutions for the 21st century classroom, and their deep experience investing in high-growth education software companies will be incredibly valuable as we enter our next phase of growth and continue to change the lives of all the individuals we proudly serve.”
Citizens Capital Markets, Inc. provides M&A, capital raising and other financial advisory services to middle market companies across a focused set of industry verticals. Citizens delivers thoughtful advice, keen market insight and superior execution to clients, both nationally and internationally. Citizens’ managing directors average nearly 30 years of experience and have directly executed more than 700 transactions throughout their careers.
For more information, please go to the Citizens Commercial Banking M&A Advisory Services website.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $164.4 billion in assets as of September 30, 2019. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,900 ATMs and approximately 1,100 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
