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Corporate Finance Institute’s Acquisition of Macabacus

Mar 12, 2021
  • FisherBroyles News

On March 12, 2021, Corporate Finance Institute® (CFI), the leading global provider of financial analyst training and certification programs announced the acquisition of Macabacus under which CFI acquired 100% of Macabacus, creating the most effective and in-depth online finance training platform in the world. As part of this acquisition, Elephant and Arthur Ventures have made additional investments in CFI, bringing the company’s previously unannounced total funding raised to US $48 million. FisherBroyles represented Macabacus in the transaction.

The FisherBroyles team was led by partners Phi Nguyen and Michael Pierson on M&A matters; Ari Levine and Andrew Webster on corporate and M&A matters; Amy Epstein Gluck on employment matters; Ric Flaggert on intellectual property matters; Mark Mathis on executive compensation and benefits matters; Jess Bahs on tax matters; and Stu Anolik and Gal Kaufman on tax and private client matters, respectively.

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