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Essential reading for education companies worldwide
Essential reading for education companies worldwide
LATEST FROM EDUCATIONINVESTOR GLOBAL
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Category: Americas

News

Brazil: Arco Platform reports narrowing losses and increased revenue

Arco Platform, an educational software company that offers technology, services, and content from kindergarten to ...
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US: Frontline Education acquires K12 software provider in Texas

Malvern, Pensylvania-headquartered Frontline Education, a provider of K12 school administration software, has acquired Texas-based K12 ...
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US: Achieve3000 acquires teachers’ professional development platform

Blended learning literacy platform Achieve3000 has acquired Teachonomy, a platform providing professional development for teachers.
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US: EducationDynamics acquires higher education portal

Higher education marketing and enrolment management services company EducationDynamics has acquired higher education portal ClassesUSA ...
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US: American Public Education announces strengthening profit

American Public Education has reported third-quarter 2020 net income of $2.6 million, compared to a ...
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Brazil: Afya acquires Faculdade Ciências Médicas da Paraíba

Afya has acquired Faculdade Ciências Médicas da Paraíba (FCMPB), through its wholly-owned subsidiary Afya Participações.
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US: Symphony Technology Group acquires educational video platform

Palo Alto-based private equity firm Symphony Technology Group (STG) has acquired Warpwire, an educational video ...
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Canadian flight simulation and training company makes second acquisition

Montreal-based airplane simulation and training company CAE is acquiring TRU Simulation + Training Canada from ...
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US: Kelly acquires education executive search specialist

Staffing and recruitment firm Kelly has acquired Greenwood/Asher & Associates, an executive search firm specialising ...
1 week
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US: Duolingo raises $35m in Series H

Language-learning platform Duolingo has raised $35 million in a Series H funding round from Durable ...
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US: Noodle acquires online programme manager

New York-based Noodle, which helps US universities create online and hybrid programmes, has acquired online ...
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US: Virtual reality start-up raises $12m to help displaced workers reskill

Transfr VR, which produces virtual reality software which simulates on-the-job training, has raised $12 million ...
2 weeks
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US: Encantos raises $3.2m and makes two senior hires

Ed tech company Encantos, which helps children learn through digital and physical play, has closed ...
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US: Udemy raises $50m in Series F financing at $3.25bn valuation

San Francisco-based online education company Udemy has raised $50 million at a $3.25 billion pre-money ...
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Exclusive: FPE Capital instructs bank to sell online assessment platform

Private equity house FPE Capital has hired bankers to sell its stake in Questionmark, the ...
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US: K12 Inc to acquire second coding school and healthcare educator

K12 Inc, an education company that sells online schooling and curricula for pre-K through to ...
2 weeks
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US: Music educator acquires electronic-music tuition platform

TrueFire Studios, which provides online guitar lessons, has acquired FaderPro, a virtual music education platform ...
2 weeks
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US: Private school acquires two Montessori-method schools in Tampa Bay

Montessori House Day School in Tampa Bay, Florida has been acquired by Country Day School, ...
2 weeks
k12
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US: Boxlight’s losses widen as revenue contracts

Boxlight Corporation, which provides technology solutions to education companies, has reported a third-quarter 2020 net ...
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US: University of Arizona acquires online institution from Zovio

Independent non-profit Arizona corporation, The University of Arizona Global Campus, is acquiring online institution Ashford ...
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US: Newly merged tech trio acquires software provider

Higher education solutions provider Anthology has acquired xRM.com’s Foundation and Matching software solutions – Anthology’s ...
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US: Flight school’s acquisition extends its operations in New York State

Oncore Aviation, based in Rochester, New York has acquired Prior Aviation Service flight school located ...
2 weeks
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US: Cengage pivots to profit as revenue declines

Ed tech company Cengage has announced net income of $21.6 million for the second quarter ...
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US: Education software companies merge

Wilmington, North Carolina-based EMS Linq, which provides administrative software for K12 departments, districts and states, ...
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Canada: Docebo narrows losses as share price climbs 220% YTD

Toronto-based software-as-a-service learning management system Docebo has announced a net loss of US$1.2 million.
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US: John F Scarpa Foundation gifts $15m to Villanova University’s law school

The John F. Scarpa Foundation has made a gift of $15 to the Charles Widger ...
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US: J2 Global acquires cyber-training company

Los Angeles-based tech portfolio company J2 Global has acquired San Antonio-based cybersecurity training company Inspired ...
3 weeks
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US: Perdoceo reports increased quarterly profit on higher enrolment

For-profit post-secondary higher education provider Perdoceo, formerly known as Career Education Corporation, has reported third-quarter ...
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US: Adtalem announces enrolment growth and first-quarter profit

Global education provider Adtalem Global Education has reported net income of $19.9 million for the ...
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US: Bright Horizons’ profit continues to suffer from pandemic

Childcare and early education group Bright Horizons Family Solutions has reported a net loss of ...
3 weeks
News

US: Cornerstone OnDemand reports widening losses against increased revenue

Cornerstone OnDemand, a global cloud-based learning and people development software company, has announced a net ...
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US: Grand Canyon Education third-quarter income dips

Education services company Grand Canyon Education has reported net income of $52 million for the ...
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US: Strategic Education reports Q3 profit and closure of Laureate Australasian acquisition

Working adult education company Strategic Education Inc, which owns for-profit online Strayer University and Capella ...
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US: Udacity secures $75m of debt after becoming ‘cash flow positive’

Udacity, the US-based online course provider, has taken on $75 million of debt from Hercules ...
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US: New Spring Capital invests in online-learning platform

Venture capital firm New Spring Capital has invested an undisclosed amount into Skillshare, a New ...
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US: American Public Education agrees $330m college takeover

American Public Education (APEI), parent of online learning provider American Public University System (APUS) and ...
News

US: Private equity-owned PowerSchool acquires school analytics provider

PowerSchool has acquired Hoonuit, a K12 analytics and data management company, which has been deployed by 12 ...
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US: Discovery Education acquires resource provider

Discovery Education, which provides curriculum-aligned digital resources and professional learning for primary and secondary schools, ...
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US: Chegg reports Q3 loss as R&D and marketing spend eats into margins

Online textbook retailer Chegg has reported a net loss of $37.1 million for the third ...
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Israel: Course Hero acquires mathematics ed tech Symbolab

Course Hero, an online learning platform for course-specific study resources based in California, has acquired ...
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US: REIT reports loss as demand for student housing dives

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
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US: K12 Inc boosted by pandemic-driven profit and revenue increase

K12 Inc, an education company that sells online schooling and curricula for pre-K through to ...
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US: Music-training provider buys talent management company

The San Francisco Conservatory of Music (SFCM) is acquiring Opus 3 Artists, a management company ...
1 month
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US: Vista Equity Partners founder donates $50m to help black students

Robert F Smith, philanthropist and founder, chairman and chief executive of Vista Equity Partners, is ...
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US: HarbourVest invests in ed tech Finalsite

HarbourVest Partners, a private markets asset manager based in Boston, has acquired a significant minority ...
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US: Carnegie Learning changes hands in private equity takeover

Madison Dearborn Partners, a private equity firm based in Chicago, has acquired a majority stake ...
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US: Turnitin expands assessment offering with acquisition

Turnitin, an Oakland, California-based company that provides plagiarism detection technology and writing tools for the K12 ...
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US: Student housing operator acquires complex alongside private equity fund

Student housing owner-operator The Preiss Company (TPCO) and Crow Holdings Capital, a private equity fund, ...
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US: Jacksonville Uni picks Balfour Beatty to build new basketball centre

Jacksonville University (JU) in Florida has appointed Balfour Beatty to construct its new Basketball Performance ...
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Canada: Maths-learning platform raises £13.5m in Series A

Mathematics learning platform Knowledgehook has raised £13.5 million in Series A equity funding, led by ...
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US: Text-message learning platform raises $1.9m in seed funding

Arist, a text-message learning platform, has raised $1.9m from Acadian Ventures, Global Founders Capital and ...
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US: Boston private equity firm buys higher education marketing consultant

Boston-based private equity firm New Heritage has invested in Carnegie Dartlet, which provides strategic marketing ...
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Dubai-based buyout group joins New York ed tech’s Series C

Dubai-based Amanat Holdings, the Gulf Cooperation Council’s largest education and healthcare investment company, has made ...
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Rosetta Stone acquired by Veritas Capital-owned Cambium Learning

Cambium Learning Group, a provider of digital education solutions and professional learning services, and a ...
2 months
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US: Venture capitalists pour $2.3m into Fiveable

Ed tech platform Fiveable has secured $2.3 million in funding led by BBG Ventures, with ...
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Trump administration takes aim at China-run language-training centres

The Trump administration has prompted US universities to reconsider partnerships with cultural and language-tuition institutes ...
2 months
News

Skillsoft and Global Knowledge acquired in $1.5bn reverse merger

A special purpose acquisition company (SPAC) is acquiring recently bankrupted ed tech Skillsoft and IT ...
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Laureate announces another divestment and debt buyback, lifting share price

Private university operator Laureate Education has announced a deal to “transfer control” of its operations ...
2 months
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Exclusive: Coursera preparing for $3bn US listing within 12 months

Coursera aims to list its shares publicly within 12 months at a valuation of $3 ...
2 months
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US: P2P learning platform for senior citizens raises $10m

GetSetUp, an ed tech company focused on creating economic and learning opportunities for older adults, ...
2 months
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US: Test-prep provider buys online assessment platform

USATestprep, backed by Serent Capital, has acquired Education Galaxy, an online assessment and intervention platform ...
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US: Artificial intelligence-powered Wikipedia competitor raises $14.5m

Golden, a San Francisco start-up that aims to map all human knowledge, has raised $14.5 ...
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US: Virtual high school secures $2.7m in seed funding

Sora, a virtual high school, has closed a $2.7 million seed funding round led by ...
2 months
k12
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US: Liaison International acquires higher education CRM firm

Higher education admissions and enrolment company Liaison International has acquired customer relationship management company TargetX. ...
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US: Language-learning tool secures $3m in seed round

Online language learning tool Toucan has raised $3 million in seed funding led by GSV ...
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Exclusive: IT training firm instructs bankers to run sale worth north of €70m

Fast Lane, a German IT training provider with global operations, has been put up for ...
2 months
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US: Empowerly raises $1.6m and launches college application tool

Empowerly, an ed tech start-up that helps students applying for college, has raised $1.6 million ...
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Canada: Ed tech’s founder injects $1m after previous project flopped

Vancouver-based Course Studio, a new online education start-up, has raised $1 million, led by ed ...
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US: Sunset Learning Institute acquires GigaWave Technologies

Sunset Learning Institute (SLI), which provides corporate and public sector IT training and education, has ...
2 months
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Altitude Learning acquires itslearning’s US business

Altitude Learning, a San Francisco-based developer of educational software (formerly known as AltSchool), has acquired ...
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THE forges deal with Canadian ed tech unicorn ApplyBoard

Times Higher Education (THE), a data provider to universities, has forged a partnership with ApplyBoard, ...
2 months
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US: Early learning company raises $50m

Begin, the company behind the early learning programme Homer has closed a $50 million Series ...
2 months
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China’s iHuman to IPO as scrutiny of US-listed Chinese firms intensifies

Chinese edutainment provider iHuman intends to raise $100 million in an initial public offering, a ...
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MDBriefcase acquires OncologyEducation

Toronto-based MDBriefcase Group, which provides online continuing medical education and professional development for healthcare providers, ...
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IBM gifts $100m to historically black colleges and universities

Computer giant IBM has announced its first IBM Quantum education and research initiative for historically ...
2 months
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Wiley pays tribute to deceased board member

Global publishing company John Wiley & Sons has announced the death earlier this month of ...
2 months
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US: Income-share agreement company raises $1.25m

MentorWorks Education Capital, which offers income-share agreements and career development to college students, has raised ...
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US: Outschool raises $45m Series B funding

Outschool a San Francisco-based marketplace of live online classes has blogged that it has raised ...
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US: Basis Independent Schools expands to four New York City campuses

Private schools network Basis Independent Schools is expanding to four campuses in New York City, ...
2 months
k12
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US: Online memory improvement start-up secures $30m

SketchyMedical, an online education company that teaches complex concepts through visual memory techniques, has received ...
2 months
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US: Digital student yearbook start-up announces $1m seed funding

Hags, a start-up launched in the summer which has enabled tens of thousands of high ...
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US: Galaxy Next Generation to acquire Classroom Technology Solutions

Toccoa, Georgia-based Galaxy Next Generation, an interactive learning technology company, says it will acquire of ...
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Inspired Education to launch online school as route to new markets

Inspired Education, the premium private school operator, is launching an online school, as it moves ...
2 months
k12
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Exclusive: ISP owner mulls multibillion-euro exit of global school group

Partners Group, owner of International Schools Partnership (ISP), is weighing a partial or full exit ...
2 months
k12
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US: The Lind Partners invests $22m in Boxlight

Lind Global Macro Fund, LP, an investment fund managed by The Lind Partners, a New ...
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Blackboard founder and early investors in Zoom launch education bolt-on

The founder of Blackboard, the virtual learning management system, has launched ClassEDU, which is designed ...
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US: College students home help firm secures $18m

Papa, which pairs older adults and families with college students for companionship and assistance with ...
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Willamette University in talks to take over struggling Oregon art college

Willamette University, a private college in Oregon, has announced plans to take over Pacific Northwest ...
2 months
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Canada: Edsby K12 digital learning platform completes $5.3m Series A

Edsby, a digital learning and data platform for K12 education, has completed a C$5.3 million ...
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Canada: ApplyBoard secures $55m in funding extension round

Online international student recruitment platform ApplyBoard has raised $55 million in a Series C extension ...
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US: Private equity-backed Carnegie Learning bolsters offering with $15m acquisition

Pittsburgh-based Carnegie Learning, which provides educational materials for maths and computer science, has bought Scientific ...
3 months
k12
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Laureate makes third divestment in under a week, offloading Brazilian portfolio for $724m

Laureate Education is to sell its Brazilian portfolio to Ser Educacional S.A. for $724 million, ...
3 months
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US: Wiley announces first-quarter profit

Global publishing company John Wiley & Sons has reported net income of $16.3 million for ...
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US: Owl Ventures raises $585m war chest to bankroll global ed tech expansion

Owl Ventures, the venture capital firm that has backed ed tech unicorns Byju’s and Quizlet, ...
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Wilsey named Portage Learning’s vice-president of academic affairs

Online learning company Portage Learning and NursingABC has appointed Stephanie Wilsey as vice-president of academic ...
3 months
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US: Course Hero raises $70m

Course Hero has raised  $70 million in a Series B extension round. The round now ...
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NorthAmerica: Top Hat acquires US higher ed publisher

Top Hat, a higher education learning platform based in Toronto, has acquired Minneapolis, Minnesota-headquartered Bluedoor, ...
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US: Anthology appoints three new independent board members

Higher education software provider Anthology has appointed three new independent members. Boca Raton, Florida-based Anthology, ...
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US: Juni Learning raises $10.5m in Series A

Juni Learning, a digital education platform offering live online instructors, has announced it closed $10.5 ...
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Views from the top: Study Group-owned Insendi triples user numbers as online becomes ‘core part’ of HE, says CEO

This article is a part of a new series in which this publication extracts insights ...
3 months

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