Category: Ed Tech and Educational Services

News

US: Stride reports Q3 income

Stride has reported net income of $69.7 million for the third quarter of its 2024 ...
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UK: Everfield acquires assessment and credentialing company

Software investor Everfield, a vehicle for private equity firm Aquiline Capital Partners, has acquired York-based ...
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US: Follett School Solutions acquires K12 facilities management software firm

Follett School Solutions has acquired MasterLibrary, which provides facilities management software for K12 school districts.
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US: K12 data platform Abre secures Series A investment

Abre, an administration platform providing data solutions for K12, has closed a Series A investment ...
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US: PSG Equity invests in student feedback platform

SG Equity has made a strategic investment into Chicago-based Packback, which supplies students with artificial ...
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US: Ed tech start-up Pete secures seed funding

Ed tech start-up Pete has secured $2 million in seed funding led by Cofounders Capital.
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UK: CPP Investments acquires student accommodation operator and manager

CPP Investments has acquired London-based Nido Living, a European purpose-built student accommodation operator and manager.
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US: EAB to acquire student job simulation firm Forage

EAB is acquiring Forage, a provider of virtual job simulations for students.
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US: Multiverse acquires AI talent software company

Multiverse has acquired Searchlight, a talent intelligence and skills assessment platform that uses artificial intelligence.
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US: Echo360 acquires testing and certification platform

Classroom recording company Echo360 has acquired online learning company Astute Technology.
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US: Amplify acquires maths assessment provider

Amplify, a publisher of curriculum and assessment programmes, has acquired Math ANEX, a maths assessment ...
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US: IXL Learning acquires Dictionary.com and Thesaurus.com

IXL Learning has acquired Dictionary.com, an online English-language dictionary, as well as Thesaurus.com, a collection ...
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Texthelp and n2y join forces

Special education content developer n2y, and Texthelp, a language software company have agreed to merge.
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Finland: Keystone Education Group acquires Asia Exchange and Edunation

Oslo-based student recruitment services company Keystone Education Group has acquired Finland-based global education providers Asia ...
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US: Scholastic Corporation reports losses

Children’s publishing, education and media company Scholastic Corporation has reported a net loss of $26.5 ...
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China: 51Talk Online Education Group posts losses

51Talk Online Education Group, a global online education platform with a core focus on English ...
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US: Cornerstone acquires spatial learning company

Cornerstone OnDemand, a learning and people development software company, has acquired Talespin, a spatial learning ...
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UK: Manutan acquires educational resources supplier

European B2B e-commerce firm Manutan has acquired educational resources supplier Findel from Endless.
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Brazil: Vasta Platform posts annual loss

Education company Vasta Platform has reported a 2023 loss of 83 million reais (£13.1 million), ...
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India: Teachmint posts increased loss

Teachmint has reported a net loss of 180.7 crore rupees (£17.1 million) for its 2023 ...
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US: Ellucian acquires higher education software firm

Ellucian, a tertiary ed tech solutions provider, has acquired EduNav, a provider of algorithmic-based academic ...
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Saudi Arabia: Classera acquires Expert Solutions

Classera has acquired Saudi Arabia-based enterprise resource planning system, Expert Solutions for Information Technology.
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UK: Avallain acquires educators AI toolset firm

Lustmühle, Switzerland-based ed tech provider Avallain has acquired TeacherMatic, a generative artificial intelligence toolset for ...
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US: Boxlight reports losses

Boxlight Corporation, which provides technology to education companies, reported a net loss of $39.2 million ...
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US: Barnes & Noble Education reports losses

Barnes & Noble Education reported a net loss of $9.6 million for the third quarter ...
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US: Charlesbank Capital Partners acquires alternative student transportation firm

Middle-market private investment firm Charlesbank Capital Partners has acquired EverDriven Technologies, an alternative student transportation ...
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Ireland: Wayside Publishing acquires language educational tool firm

Wayside Publishing, a K12 world languages publisher has acquired Nualang, an ed tech focused on ...
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US: Nerdy reports reduced annual loss

Nerdy, a direct-to-consumer, curated gig economy platform for live online learning, has announced a non-GAAP ...
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US: Losses grow for PowerSchool Holdings

Cloud-based education software provider PowerSchool Holdings has reported a 2023 net loss of $39.1 million.
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Canada: Docebo reports annual income

Learning management system provider Docebo has reported 2023 net income of C$2.8 million (£1.6 million) ...
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UK: Software Circle acquires higher education software company

Software investor Software Circle has acquired ARC Technology, a provider of software for higher education ...
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US: Instructure posts annual loss

Instructure Holdings, which created the Canvas Learning Management System, has reported a net loss of ...
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US: Podium Education acquires talent platform

Podium Education has acquired Untapped, an early career talent platform that connects students with companies ...
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India: Leverage Edu’s loss widens

Noida-based study abroad start-up Leverage Edu has reported a loss of 102.8 crore rupees (£9.8 ...
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US: Shamrock Capital invests in higher ed marketing firm

Capital Shamrock has made a “significant” investment in Carnegie Dartlet Holdings, a marketing and enrolment ...
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US: CentralReach acquires SEL and behaviour solutions provider

CentralReach has acquired Silas, a social and emotional learning and behaviour solution for pre-K12 general, ...
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US: reduced annual income for Navient

Student loans servicing and collecting company Navient has announced 2023 net income of $228 million.
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US: Udemy posts full-year loss

Online education company Udemy has reported a 2023 net loss of $107.3 million.
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US: SchoolStatus acquires school-home communications company

SchoolStatus, a K12 communication and attendance company, has acquired SchoolNow, a digital publishing platform for ...
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US: McGraw Hill reports third-quarter results

New York City-based education publisher McGraw Hill has reported financial results for the nine months ended ...

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