After reporting last month that HMH was exploring a sale, Bloomberg now reports that private equity firm Veritas Capital is bidding to take the education publisher private. “A final decision hasn’t been made and other bidders may emerge for the Boston-based company,” the sources are said to have indicated. Veritas bought Cambium Learning Group in 2018 for $900 plus the assumption of debt (and in 2021 refinanced the debt with $2.15 billion from Blackstone).
