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Essential reading for education companies worldwide
Essential reading for education companies worldwide
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Category: Ed Tech and Educational Services

News

India: Byju’s to go global next month and could IPO within two years

Byju’s, India’s largest ed tech recently valued at more than $13 billion, will embark on ...
News

US: PowerSchool files for IPO that ‘could’ raise $750m

US-based school solutions provider PowerSchool has filed for an initial public offering in which it ...
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Ireland: Cambridge Education Group bolsters online division with acquisition

Private equity-backed Cambridge Education Group has acquired iheed, an online medical education provider, bolstering its ...
News

Austria: GoStudent secures €70m in Series B round

Vienna-based start-up GoStudent has completed a Series B round led by new investor Coatue together ...
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UK: Inspired to acquire AIM-listed online school for more than £70m

Inspired Education, the global premium private school operator, has reached an agreement to acquire AIM-listed ...
5 days
k12
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UK: Tribal reports 2020 profit and acquires Semestry

Tribal Group, a provider of software and services to the international education market, has announced ...
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US: Boxlight’s losses widen as revenue rockets

Boxlight Corporation, which provides technology solutions to education companies, has reported a 2020 net loss ...
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US: Apollo contemplating $6bn sale of McGraw-Hill – report

Private equity giant Apollo Global Management is reportedly exploring a sale of its stake in ...
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India: Byju’s raises $460m in Series F

Bengaluru-based ed tech firm Byju's has raised $460 million in Series F funding in a ...
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US: Savingforcollege.com acquires college selection portal

TheCollegeMonk.com is a university search portal that guides students through the college selection process.
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14 fast-growing Asia-Pacific education companies

Fourteen education companies have ranked among high-growth Asia-Pacific-based companies compiled by the Financial Times, some ...
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UK: Scape and APG acquire Leeds student digs site

A joint venture between student accommodation provider Scape and Dutch pension fund APG has purchased ...
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India: Byju’s in talks to raise over $600m at $15bn valuation – report

Indian ed tech behemoth Byju’s is reportedly in talks to raise over $600 million – ...
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Exclusive: Corporate financiers asked to find buyer for school software provider

A UK-based school software provider has appointed advisors to explore a sale of the company, ...
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China: Ed tech unicorn hires CFO ahead of potential flotation – report

A Chinese ed tech backed by Alibaba has reportedly hired a senior executive from a ...
News

US: Coursera seeks $4bn valuation in IPO that could raise $519m

Coursera, the US-based online education giant, is targeting a valuation in excess of $4 billion ...
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Exclusive: Owner of school software provider plotting £150m-plus exit

A UK private equity firm has drafted in advisors to find a buyer for a ...
News

US: Nerdy reports annual loss on increased revenue

Nerdy, a direct-to-consumer, curated gig economy platform for live online learning has announced a 2020 ...
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US: eLearning Brothers acquires edutainment provider

Corporate learning company eLearning Brothers has acquired The Game Agency, the creator of The Training ...
News

US: McGraw Hill acquires adaptive learning company Kidaptive

McGraw Hill has acquired Kidaptive, an adaptive learning platform company focused on learning science, early ...
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India: Ed tech platform Leap Finance raises $17m in Series B

Leap Finance has raised $17 million in Series B funding led by Jungle Ventures, with ...
News

Exclusive: Buyout group pursuing £100m-plus sale of online training provider

The private equity backer of an online professional qualifications provider has instructed an investment bank ...
3 weeks
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US: College and career readiness company SchooLinks secures $8.3m in Series A

SchooLinks has raised $8.3 million in Series A funding in a round led by LiveOak ...
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US: Computer retailer CDW acquires education consultancy

International computer products retailer CDW Corporation has acquired Amplified IT, an education-focused consultancy to the ...
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UK: Firefly Learning acquires schools platform Epraise

Firefly Learning today acquired Epraise, which provides schools with a platform for motivating students, engaging ...
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US: SchoolMint acquires K12 enrolment and marketing firm

SchoolMint, a provider of strategic enrolment management for pre-K12 education, has acquired Bright Minds Marketing, ...
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Norway’s Kahoot seeking deals as it aims to double revenues

Norwegian ed tech Kahoot is seeking to leverage its biggest shareholder SoftBank to tap Asian ...
News

India: Gamified quiz start-up raises $12.5m in Series A

Bengaluru-based ed tech start-up Quizizz has raised $12.5 million Series A funding in a round ...
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US: Ed tech Finalsite acquires digital enrolment firm SchoolAdmin

Finalsite has acquired SchoolAdmin, a K12 enrolment management system and developer of tools for private ...
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Brazil: Arco Platform acquires online test-prep provider Me Salva!

Arco Platform has acquired Me Salva!, an online education company that prepares students for admission ...
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US: Ed tech marketplace Preply raises $35m

Online learning platform Preply has raised $35 million of funding.
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Texthelp announces acquisition hot on heels of Five Arrows takeover

Texthelp is making use of its new private equity parent’s chequebook, snapping up Lingit Group ...
News

Exclusive: Private equity-backed ed tech buys language-training provider

Learnlight, a private equity-backed ed tech platform, has acquired IBE, an Italian-language training provider.
News

China: GSX Techedu returns to loss even as revenue climbs

GSX Techedu an online K12 large-class after-school tutoring service provider in China has announced a ...
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US: Coursera files to go public

American massive open online course provider Coursera has filed to go public.
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US: Wiley’s announces third-quarter profit

Global publishing company John Wiley & Sons has reported net income of $22.2 million for ...
News

Sannam S4 purchases Singapore consultancy and opens Malaysian office

London-based international education services provider Sannam S4 has acquired Alumno, a Singapore-based education consultancy.
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Canadian Business Growth Fund invests in college preparation business

Xello, a programme that helps K12 students prepare for college and careers, has secured a ...
News

US: Renaissance Learning acquires Nearpod for $650m

Pre-K12 software-as-a-service and learning analytics company Renaissance Learning has acquired Nearpod, an ed tech platform ...
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US: Newsela reaches unicorn status following $100m Series D

Newsela has raised $100 million in Series D funding in a round led by new ...
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UK: Tes Global bolsters school software portfolio with takeover

Tes Global has acquired SchoolCloud, a school software services provider that experienced “rapid growth” amid ...
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China: Yuanfudao targeting $20bn valuation amid fresh fundraise – report

Yuanfudao, now the world’s most valuable privately owned ed tech, is seeking fresh funding at ...
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US: Student accommodation REIT sees profits dip

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
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Daily Mail owner offloads US ed tech arm in two deals worth over $400m

The holding company of the Daily Mail newspaper has agreed to sell its US ed ...
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India: Unacademy acquires networking site TapChief

Unacademy has acquired a majority stake in professional networking platform TapChief, enabling the exit of ...
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US: Labster secures $60m in Series C funding led by Andreessen Horowitz

Labster, which produces virtual laboratory simulations, has raised $60 million in Series C funding in ...
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India: Byju’s ‘close’ to acquiring Toppr in $150m deal – report

Byju’s, the Indian ed tech giant, is close to signing a deal to acquire Toppr, ...
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US: 2U narrows losses on increased revenue

Ed tech company 2U has reported a 2020 net loss of $216.5 million, a slightly ...
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US: School bus manufacturer rides out Q1 loss as revenues fall

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced a net loss ...
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India: Education loan firm Eduvanz raises $10m in debt funding

Digital non-banking education loan firm Eduvanz has raised $10 million in debt funding from financial ...
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US: PowerSchool files for $6bn IPO – report

PowerSchool, the private equity-owned school management information system giant, has reportedly filed for a US ...
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US: SplashLearn raises $18m for its maths and reading platform

SplashLearn, a San Francisco-based ed tech start-up that teaches children via a game-based curriculum, has ...
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Exclusive: Irish private equity fund pools advisors to find buyer for ed tech

Carlyle Cardinal Ireland, a fund established by private equity behemoth The Carlyle Group, has drafted ...
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France: Skill & You sold to PE house, valuing e-learning group at €300m-plus

IK Investment Partners has agreed to acquire a controlling stake in France-based vocational e-learning provider ...
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US: Chegg climbs on narrowed losses and strong revenue growth

Online textbook retailer Chegg has reported a net loss of $6.2 million for 2020, compared ...
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India: Cuemath raises $40m Series C round

Online maths learning company Cuemath has closed a $40 million Series C funding round led ...
News

Canada: Top Hat raises $130m and appoints new chief executive

Top Hat, a learning courseware platform for higher education, has raised US$130 million in a ...
2 months
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UK: Digital education start-up FourthRev raises £2.3m in seed funding

London-based digital education start-up FourthRev has closed a seed round at £2.3 million led by ...
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US: IXL Learning to acquire Rosetta Stone’s languages division

​IXL Learning, a K12 personalised learning platform, is acquiring Rosetta Stone’s languages division from digital ...
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Australia: Studiosity announces investment from CVC and FutureLearn’s backer

Studiosity has added two new investor groups onto its share register as minority investors: Online ...
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Singapore: Student recruitment start-up extends Series A to $15m

Singapore-based education start-up Cialfo has extended its Series A funding round to $15 million.The extended ...
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US: Brightwheel raises $55m on $600m valuation

Brightwheel, a US-based early years software solutions start-up, has raised $55 million in a Series ...
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US: Verge Learning acquires professional-development platform

Special education company Verge Learning has acquired XceptionalED.
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US: Covid hits Horace Mann’s full-year performance

Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported 2020 ...
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US: Ed tech Nerdy to go public via $1.7bn SPAC merger

Nerdy, a St Louis-based direct-to-consumer, curated gig economy platform for live online learning has agreed ...
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US: English speaking app raises $15m in Series B funding

Monk’s Hill Ventures-backed ELSA, a mobile app helps people to speak and pronounce English clearly, ...
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US: JMI Equity invests $60m in higher education telehealth provider

Growth equity firm JMI Equity has invested $60 million in TimelyMD, a telehealth provider based ...
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Esme Learning Solutions raises $7.5m

Digital learning platform Esme Learning Solutions has closed a $7.5 million Series A financing round ...
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UK: Juniper Education acquires education HR and payroll software provider

Horizon Capital-backed Juniper Education today announced it has acquired Jane Systems, an education human resources ...
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US: Stride posts increased revenue and income

Stride has reported net income of $24.5 million for the second quarter of its 2021 ...
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China: Ed tech platform nets $400m in Series E

Huohua Siwei has raised $400 million in a Series E funding round in which it ...
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US: Ridgemont Equity Partners invests in education software provider

Ridgemont Equity Partners has invested in Softdocs, an enterprise content management software provider for the ...
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US: Montessori schools network acquires learning management system

Higher Ground Education, a network of Montessori schools, has acquired Altitude Learning’s learning management system.
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Australia: 3PL agrees tie-up with Blake to form listed ed tech giant

Australia-listed 3P Learning has agreed to merge with Blake, an e-learning company, in a transaction ...
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India: Online-learning platform Udayy raises $2.5m

Gurgaon-based children’s online learning platform Udayy has raised $2.5 million in seed funding led by ...
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China: Ed tech platform Jiliguala raises $100m in Series C

Online English learning platform Jiliguala has raised almost $100 million in a Series C funding ...
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Exclusive: US investment bank to juggle sale of Circus Street

An investment bank is preparing online training provider Circus Street for auction, EducationInvestor Global can ...
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Exclusive: Irish ed tech to explore sale after lockdowns trigger explosive growth

The owners of Shaw Academy have instructed bankers to kick off a sale of the ...
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Canada: Prodigy Education raises C$159 million in Series B funding

Prodigy Education has completed a C$159 million (approximately £91.9 million) Series B funding round led ...
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Canada: PressReader expands into e-learning and acquires Evident Point Software

Digital newspaper distribution and technology company PressReader is expanding into the e-learning market acquiring Evident ...
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US: TeachTown secures investment from Bain Capital Double Impact

TeachTown, a provider of evidence-based education curriculum software for students with special needs, has received ...
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India: Byju’s agrees $1bn takeover of test-prep provider

Byju’s has inked a $1 billion deal to acquire Aakash Educational Services, a test-prep provider, ...
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US: Frontline Education acquires student forecasting specialist

Frontline Education, a portfolio company of Thoma Bravo, has acquired Forecast5 Analytics from Riverwood Capital ...
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UK: Juniper Education announces £60m refinancing to fund further acquisitions

Juniper Education, a Horizon Capital-backed education software company, has undertaken a significant refinancing with debt ...
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UK: Wiley acquires open access publishing house in $300m deal

Global publishing company John Wiley & Sons has acquired Hindawi, a London-based publishing house for ...
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India: ICICI Bank acquires stake in Myclassboard Educational Solutions

Private sector lender ICICI Bank has acquired a 9.09% stake in ed tech platform Myclassboard ...
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Egypt: Ed tech start-up Akhdar secures funding

Ed tech start-up, Akhdar has received a six-figure US dollar investment from EdVentures, an Egypt-based ...
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India: Unacademy acquires NeoStencil

Bengaluru-based learning platform Unacademy has acquired NeoStencil India, its sixth acquisition of 2020
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The Netherlands: NPM Capital acquires Futurewhiz – parent of Squla, WRTS and Scoyo

NPM Capital, an Amsterdam-based investment company focused on medium to large-sized Benelux companies, has acquired ...
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Netherlands: KKR sells two Dutch student accommodation assets for €190m

Global investment firm KKR has sold two major student housing developments in the Netherlands for ...
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Toddle acquires Care for Kids to create Australia’s largest childcare search platform.

Australian childcare centre search and comparison platform Toddle has acquired childcare platform, Care for Kids.
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India: Ed tech giant upGrad acquires recruitment firm

Ed tech start-up upGrad has acquired recruitment and staffing solutions firm Rekrut India,
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UK: Five Arrows invests in Texthelp

Paris-headquartered Five Arrows, the private equity arm of Rothschild & Co, has made a significant ...
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US: Instructure to acquire K12 assessment and analytics company

Salt Lake City-based ed tech Instructure is acquiring K12 assessment and analytics company Certica Solutions, ...
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Return of the SPAC: IBIS Capital floats new blank-cheque company

IBIS Capital, the boutique investment bank, has floated its second special purpose acquisition vehicle (SPAC) ...
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US: Fraud-accused Chinese ed tech raises $870m in private placement

A Chinese online tutoring company under investigation in the US over fraud allegations has announced ...
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India: Lead School acquires student assessment platform QuizNext

Mumbai-based ed tech Lead School has acquired QuizNext for an undisclosed amount.
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UK: Learning Technologies Group acquires Moodle-based LMS provider

Brighton-based e-learning services company Learning Technologies Group has acquired eThink Education, a provider of Moodle-based ...
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Exclusive: KKR-backed trade buyer acquires iHASCO

iHASCO, the health and safety e-learning provider brought to market earlier this year, has been ...
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US: HES Facilities announces acquisition

Knoxville, Tennessee-based HES Facilities, which provides facilities services to the K12 and higher education sector, ...

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