Anthology Explores Sale as Debt Negotiations Occur With Lenders

Education-software provider Anthology Inc. is exploring a potential sale of the company as it negotiates with lenders about its debt load, according to people familiar with the situation.

The Veritas Capital-backed company has been working with PJT Partners Inc. to consider options — which also include selling parts of Anthology — said the people, who asked not to be identified discussing a private matter. Indications of interest for assets have been received, they added.

“Anthology has made great progress over the past 18 months in improving our business and product capabilities and competitiveness,” a spokesperson in an emailed statement ...