Essential reading for education companies worldwide
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Back2Work Complete Training has instructed corporate financiers to find a new minority investor in the pre-employment training provider through an equity sale that could soon close, EducationInvestor Global can reveal.
For-profit post-secondary higher education provider Perdoceo, formerly known as Career Education Corporation, has reported second-quarter 2020 net income of $28.2 million.
Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported second-quarter 2020 net income of $730,000.
Rosetta Stone, the education technology software company, has announced a second-quarter 2020 net loss of $3.6 million.
Springboard, a mentor-guided online learning platform that prepares people for in-demand careers, has raised $31 million in Series B funding.
Graham Holdings, the diversified conglomerate that owns education services company Kaplan, has announced net income of $18.9 million for the second quarter of 2020.
Strategic Education has commenced an underwritten registered public offering of $175 million of shares of its common stock.
Global publishing and learning firm Houghton Mifflin Harcourt (HMH) has reported a net loss of $38.1million for the second quarter of 2020.
For-profit universities and colleges group Laureate Education has announced a second-quarter 2020 net loss of $311.6 million.
Bright Horizons Family Solutions has reported net income of just $359,000 for the second quarter of 2020, down 99% from the $49.3 million reported for the second quarter of 2019.

Deals are once again flowing in the education sector and big transactions are making it over the line. But at what cost, asks Josh O'Neill

Ashwin Assomull, partner, L.E.K. Consulting, dissects his organisation’s latest report, commissioned by Jacobs Foundation, which examines how independent operators across the global K12 market are patching gaps in public provision

Private equity firm RJD Partners recently bankrolled the management buyout of Improve International, a provider of training to the veterinary sector. Partner Frank Bulman discusses the deal and the impact of Covid-19 on his fund's other education and training assets

Victoria Giles, corporate finance director at Grant Thornton UK, sets out the driving forces behind consolidation in the e-learning market, for which the Covid-19 pandemic has been a boon

Valuations of private school assets are set to recalibrate due to the coronavirus conundrum. But attrition will not be spread evenly across the sector, as school groups will emerge from the pandemic stronger than ever, often at the expense of stand-alone institutions, writes Josh O’Neill

Nadim Nsouli, chief executive and founder of global premium school group Inspired Education, contracted Covid-19 as he was closing the biggest deal of his company’s history. He talks to Josh O’Neill about his close encounter with the coronavirus, its impact on the company, and why there is strength in numbers amid the pandemic

Technocrats are concocting problems and convincing educators that only their technology-driven products provide the solution. Schools should be wary of wolves in sheep’s clothing, writes Joe Nutt, educational consultant and author

Educational media provider MarcoPolo Learning developed a product that reaches some 500 million households across the world. Patrick Dumas, an investor and the company’s head of business development, sets out its strategy as it looks to cap off a $15 million funding round amid a crisis that catalysed an unprecedented shift to home learning

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UK | Private equity investment

The Covid-19 pandemic has thrown the UK education sector into a state of flux, as providers face a cash crunch that could prove fatal for some. Deal flow has dried up, and buyout houses with hundreds of millions of pounds invested in the market are bracing for widespread losses, writes Josh O'Neill

Middle East & Africa | Foreign direct investment

International investors with eyes on Egypt's booming international K12 sector are jittery after government introduced a new decree capping foreign ownership of schools at 20%. Have authorities poured too much cold water on a hot market, asks Josh O'Neill


Global | Industry voice

The global pathways industry is a staid one in which face-to-face delivery models have remained largely unchanged for nearly three decades. But since international travel bans have stemmed flows of foreign students, the sector is in dire need of disruption from online providers, argue Abhinav Mital and Amit Garga, co-founders of LINC Education

Global | Leadership lunch

Josh O'Neill breaks bread with Harry Hortyn and Robert Phipps, co-founders of Oxford Summer Courses, the UK's fastest-growing education organisation, who argue that two heads are better than one when it comes to running their business

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