New York, April 14, 2022 – MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that Bobby Babbrah has joined the firm as Operating Partner. Mr. Babbrah has over 25 years of experience leading innovation, growth strategy and transformations for Education Services, Education Technology and SaaS companies ranging from $10M (private) to $8B (public) in annual revenues. In his role as Operating Partner, Bobby will support MidOcean’s Business Services’ vertical and advise on the firm’s efforts within the Education and Training space.
Elias Dokas, Managing Director at MidOcean, commented, “We are thrilled to welcome Bobby to the MidOcean team. Mr. Babbrah is an accomplished and proven executive leader within the Education Services, Education Technology and Workforce training space and he will become an incredible resource to the entire MidOcean platform.” Mr. Babbrah added, “I am very excited to be advising and partnering with the highly focused MidOcean team on strategy and thematics in the Upskilling and Training sectors. I look forward to driving transformational impact at portfolio companies alongside our management teams and contributing to the ongoing success of the firm. There’s never been a more exciting time to be focused on Education and Training for the workforce.”
Within the Education sector, Bobby spent the early part of his career in pre-K12 market, followed by post-secondary education services and later in workforce education and “upskilling.” Currently, Bobby is Managing Partner at Flipp.ED Ventures, which provides advisory, strategy and operating leverage to PE-backed education sector companies to accelerate growth and value creation. Prior to that, Bobby was Chief Digital Officer at Penn Foster Education, driving employer channel growth and outcomes for 170,000 mid-skilled workers towards increased wage and career mobility. Throughout his career, Bobby has held C-level roles with companies such as McGraw Hill Education and Pearson Education (NYSE: PSO) and Archipelago Learning(NASDAQ:ARCL). At McGraw Hill, Bobby was focused on scaled global transformations from print to digital revenue, while reaching over fifteen million K-20 learners with curriculum, assessment and adaptive learning platforms. At Archipelago Learning, Bobby created the largest online supplemental and gaming platform reaching thirteen million K-8 students worldwide and ultimately merging the platform with Edmentum Learning in 2013. As President and EVP/COO, respectively at ImageTag and LawLogix, Bobby was responsible for SaaS revenue growth leading up to successful acquisitions. Bobby has held several board and advisory roles (current and past) at Bryant and Stratton College, Picmonic, Cayuse, Esme Learning, Learning A-Z, and Academic Partnerships.