The Riverside Co. has sold its majority investment in n2y LLC to Providence Equity Partners, a private equity firm that specializes in the media, communications, education and information industries. Riverside and members of n2y’s management team will retain ownership stakes in the business.

Since its founding in 1997, n2y has sought to change how K-12 special education is taught by providing teachers and families with award-winning personalized solutions. The company’s products are designed to improve student outcomes, teacher efficiency, school compliance and parent communication and collaboration by providing a highly customizable, easy-to-use total special education solution.

“It was such a pleasure working with the n2y management team to continue to deepen and expand its customer base, add complementary new products and enhance teacher training and development efforts to empower this critical group of students,” Riverside Managing Partner Suzy Kriscunas said in a statement.

Riverside has invested in more than 60 education and training companies, including those specializing in pre-K, K-12, post-secondary education, corporate training and certifications.

Riverside Partner Peter Tsang added: “The demand for quality special education solutions is rising, and n2y makes an exceptionally effective suite of products that changes lives for students, parents and teachers. We could not be happier with the impact on the special education community made by n2y.”

Working on the transaction with Kriscunas, Tsang and Drew Flanigan for Riverside were Vice President Chase Eckert, Operating Partner Brian Potts and Operating Executive, Finance, Allison Zabransky. Origination Principal Cheryl Strom helped source the original deal for the firm, and Partner, Capital Markets, Anne Hayes led financing efforts.

Baird, Citizens Capital Markets, Jones Day and KPMG advised Riverside and n2y on the deal.