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October 18, 2013 10:28 pm GMT

High School Athlete Site beRecruited Secretly Acquired Last Year By Raine Group For $17M-$22M

BeRecruited AcquiredbeRecruited, the "LinkedIn for high school athletes" looking to be recruited by college teams, was secretly acquired by private equity firm The Raine Group, sources tell me and beRecruited now verifies. Sources with knowledge of the deal confirm Raine paid between $17 million and $22 million for beRecruited because of its growth momentum and lucrative premium features.

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