The McLean Group Advises Triad Interactive on Sale to McGraw Hill
McLean, Va. – May 13, 2021 – McGraw Hill, a leading educational publisher providing customized educational content, software, and services for pre-K through postgraduate education, announced today it has acquired Triad Interactive, Inc., a developer of e-learning software for higher education establishments. This engagement was led by The McLean Group’s technology practice. Terms of the transaction were not disclosed.
Triad, a 25-year-old Washington, DC company, was founded by Cheryl Manning and Catherine Swinson, both of whom will join McGraw Hill in consulting roles. All employees from Triad have joined McGraw Hill following the acquisition.
“This acquisition is the exciting and logical next step in our longtime relationship with Triad and their incredible employees,” said Michael Ryan, President of McGraw Hill’s Higher Education group. “By joining together, we’ll be able to make SIMnet stronger and better, improving implementation and support services for customers, fueling future growth and development of the product and exploring new markets and channels to bring the program to a larger audience.”
“Our team has worked in concert with McGraw Hill for many years – almost as if we were part of the same company,” Manning and Swinson said, jointly. “We’re thrilled to now officially become part of the McGraw Hill family and to continue evolving the SIMnet content and platform to serve more learners in the future.”
McLean Group’s Managing Director, Paul Klick added: “In this engagement, our focus was to find the best partner for our client while still providing substantial value to the shareholders. We explored several options but wanted to make sure the partner chosen would support the strong corporate culture that has been built and nurtured throughout the year. McGraw Hill was the logical fit and provided the best opportunity for both corporate and personal growth of the Triad team.”
ABOUT MCGRAW HILL
McGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. We focus on educational equity, affordability and learning success to help learners build better lives. Headquartered in New York City, McGraw Hill has offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for PreK-12, higher education, professionals and others available in more than 80 languages. Visit us at mheducation.com or find us on Facebook, Instagram, LinkedIn or Twitter.
ABOUT TRIAD INTERACTIVE
Headquartered in Washington DC, Triad Interactive is the developer of SIMnet® – a simulated Microsoft Office learning and assessment application. More than 1,000,000 students worldwide have used the SIMnet program for Microsoft Office skills assessment. Triad develops both the educational content and the software platform through which the content is delivered.
About The McLean Group
For over 30 years, The McLean Group has been providing investment banking and financial services offerings focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, Maritime, Facility Services, Unmanned Systems, and Public Safety markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions, or growth capital, our services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Monthly Middle Market M&A Insider Report (August 2025)
The McLean Group’s August 2025 M&A Insider Report highlights a month of dynamic transaction activity across defense, government, technology, and infrastructure sectors. Notable deals include acquisitions in ISR software, EO/IR satellite payloads, offensive cyber, aerospace components, and laser systems — underscoring strong buyer demand for mission-critical technologies and advanced manufacturing. Valuation multiples remain robust, driven by continued interest from strategic and financial sponsors seeking growth in high-priority national security and infrastructure markets. This report provides executives with a clear view of how current deal flow, sector dynamics, and valuation trends are shaping opportunities for both acquirers and sellers. […]
McLean advised South Central Water Company in its transaction with H2O America
The McLean Group advised South Central Water Company on the divestiture of its Cibolo Valley wastewater treatment plant and related assets to H2O America’s Texas Water Company. The transaction will expand TWC’s footprint in the Texas Hill Country by adding over 1,500 new wastewater connections, with more than 250 additional connections under contract. This acquisition strengthens TWC’s service area and provides customers with increased efficiency and enhanced customer experience solutions. […]
Sell-Side Financial Assessments: Preparing for a Smoother, Stronger M&A Process
In today’s competitive and fast moving M&A market, going to market without a fully developed financial narrative is a missed opportunity and often a costly one. For business owners looking to maximize value and minimize friction, proactive preparation is essential.
That’s where The McLean Group’s Sell Side Financial Assessment comes in. Designed to be more comprehensive and forward looking than a traditional Quality of Earnings (QoE) report, our assessment equips sellers and their advisors with the tools they need to […]