Penn Foster
November 2020

Everberg Capital provided preferred equity to support Two Sigma Impact’s and BayPine’s acquisition of Penn Foster.

Penn Foster is a leading provider of high school diploma, workforce education, and training solutions. The business focuses on adult learners who seek forms of higher education to improve their career skills and employment status. Penn Foster’s value proposition to students is comprised of four pillars: affordability, convenience, quality, and return on investment.