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

News

Australia: UpGrad to acquire Global Study Partners for $16m

Bangalore-based higher education and upskilling course provider UpGrad is acquiring Sydney-headquartered Global Study Partner, Australia's ...
News

UK: eQuality Solutions Group acquires educational guidance service

eQuality Solutions Group has acquired Halifax-based Educational Guidance Service in an unspecified seven-figure deal, Insider ...
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US: Pushfor Investments to acquire interest in Education Revolution

Surrey, British Columbia-based investing company Pushfor Investments has agreed to acquire approximately 15% of Las ...
News

Brazil: Dragoneer and General Atlantic invest in Arco Platform

São Paulo-based Arco Platform, an educational software company that offers technology, services and content from ...
News

US: Seven Hills Realty Trust closes loan for student housing property

Seven Hills Realty Trust has closed an $18 million first mortgage floating-rate bridge loan to ...
News

UK: Iris acquires education compliance and HR management software firm Every

Iris Software Group, a provider of specialist education software, has acquired Every, a compliance and ...
News

US: Boxlight reports big increase in revenue

Boxlight Corporation, which provides technology solutions to education companies, has reported third-quarter 2021 net income ...
News

UK: QS Quacquarelli Symonds acquires StudentApply 

London-based QS Quacquarelli Symonds, which offers global higher education sector information, has acquired StudentApply, an ...
News

US: Boclips acquires K12 podcast provider Listenwise

London-based educational video platform Boclips has acquired Listenwise, which supplies curriculum-geared podcasts for grades 2 ...
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US: Boxlight to acquire education communications company FrontRow Calypso

Lawrenceville, Georgia-based Boxlight Corporation, which provides technology solutions to education companies, is acquiring FrontRow Calypso, ...
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UK: Ed tech start-up Mindstone launches crowdfunding campaign

London-based ed tech platform Mindstone has launched a crowdfunding campaign on Seedrs, with pre-launch commitments ...
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US: Chegg reports third-quarter profit

Online textbook retailer Chegg has reported net income of $6.7 million for the third quarter ...
News

Brazil: Vasta Platform closes acquisition of Editora Eleva

São Paulo-based education company Vasta Platform has announced that its subsidiary, Somos Sistemas de Ensino ...
News

UK: IRIS Software Group acquires outsourced payroll services provider Dataplan

Payroll and HR software company IRIS Software Group, which is consolidating ed tech businesses, has ...
News

India: Teachmint raises $78m at $500m valuation

Bengaluru-based classroom teaching app provider Teachmint has raised $78 million in a Series B financing ...
News

US: Losses for student accommodation REIT

American Campus Communities, a publicly-traded real estate investment trust that invests in dormitory housing, has ...
News

US: Sallie Mae reports drop in quarterly income

Sallie Mae, the saving, planning, and paying for college company, has announced third-quarter 2021 net ...
News

US: Stride reports first-quarter loss

Stride, an education company that sells online schooling and curricula for pre-K through to high ...
News

India: Ed tech start-up Questt raises $6.7m

Gurugram-based artificial intelligence education platform Questt has raised $6.75 million in Series A funding in ...
News

UK: Access Group purchases learning and assessment platform Soundbite Learning

Access Group, which provides business management software to mid-sized organisations, has acquired Soundbite Learning, a ...
News

Germany: StudySmarter doubles its Series A investment

Four months after closing a $15 million Series A in May, Munich-based educational platform StudySmarter ...
News

US: Newsela announces first acquisitions

New York-based K12 instructional content platform Newsela has acquired HapYak, an interactive video platform that ...
News

US: Accelerate Learning acquires maths curriculum and tutoring provider Study Edge

Houston-based Accelerate Learning, the developer of the STEMscopes suite of K12 STEM curriculum products, has ...
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US: Ridgemont Equity Partners joins with The Rise Fund to acquire Teachers of Tomorrow

Private equity firm Ridgemont Equity Partners has made a “significant minority investment” alongside TPG’s The ...
News

US: Scholarships360 raises funding to scale college platform

Chapel Hill, North Carolina-based Scholarships360 has raised $250,000 to scale its platform which helps students ...
News

UK: Amplify acquires K12 mathematics education firm Mathigon

New York City-headquartered curriculum and assessment programme provider Amplify has acquired K12 mathematics online learning ...
News

Exclusive: KKR-backed outsourcing firm taps bankers for school services carve-out

A large-cap services provider backed by private equity giants KKR and Hg has hired bankers ...
News

India: Graphy acquires ed tech platform Spayee for $25m

Unacademy Group-owned Graphy, a platform for educational content creators to grow their audience and host ...
News

US: School transportation firm Zum raises $130m Series D

Redwood City, California-based school transportation firm Zum has raised $130 million in Series D funding ...
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Exclusive: National Education Group valued ‘north of £70m’ under minority deal with buyout shop

A mid-market private equity house has entered exclusive talks to acquire a minority stake in ...
2 months
News

US: Renovus Capital Partners acquires EducationDynamics

Renovus Capital Partners, a private equity firm specialising in the knowledge and talent industries, has ...
News

US: OverDrive Education purchases TeachingBooks.net

Cleveland, Ohio-based OverDrive, a digital reading platform for libraries and schools, has acquired TeachingBooks.net, headquartered ...
News

Australia: Janison Education to acquire Quality Assessment Tasks

Sydney-based ed tech Janison Education is acquiring Quality Assessment Tasks (QATs) for A$2 million (£1.08 ...
News

Japan: Ed tech start-up Riiid acquires Langoo

South Korea-based artificial intelligence education company Riiid has acquired its Japanese distribution partner Langoo.
News

US: Udemy files for US initial public offering

San Francisco-based online education company Udemy has filed regulatory paperwork for an initial public offering ...
News

Exclusive: iSAMS owner nears £20m-plus school software bolt-on

A private equity-backed software group has entered exclusive talks to acquire Every, a provider of ...
News

US: Higher education marketing and enrolment firm Carnegie acquires mStoner

New Heritage Capital-owned higher education marketing and enrolment strategy firm Carnegie Dartlet has acquired mStoner, ...
News

UK: Keystone Education Group purchases student service UniQuest

Oslo-based Keystone Education Group has acquired UniQuest, a student engagement, conversion and retention service headquartered ...
News

US: Scholastic Corporation reports first-quarter loss

Manhattan-based global children’s publishing, education and media company Scholastic Corporation has reported a net loss ...
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China Online Education reports sharp losses

China Online Education Group, the online and mobile education platforms that enable students to access ...
News

UK: Raptor Technologies acquires school safeguarding firm CPOMS

Raptor Technologies, a US provider of school safety software, has acquired UK school safeguarding software ...
News

US: Social learning platform Fiveable closes $10m Series A round

Milwaukee, Wisconsin-based Fiveable, a social learning platform for high school students, has raised $10 million ...
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India: Buju’s raises £217m in additional funding

Bengaluru-based ed tech decacorn Byju’s is raising 2,200 crore rupees (£217 million) in a funding ...
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US: Vector Capital makes co-investment in McGraw Hill Education

San Francisco-based private equity firm Vector Capital, which invests in established technology businesses, has made ...
News

US: n2y acquires AbleNet’s Equals mathematics programme

Providence Equity Partners-backed special education content developer n2y has acquired AbleNet’s Equals mathematics programme and ...
News

Australia: Scape Australia buys student housing assets worth £50m

Scape Australia has acquired a portfolio of student housing assets comprising 428 beds from University ...
News

US: L Squared recapitalises childhood literacy firm Heggerty

Newport Beach, California-based investment firm L Squared Capital Partners is leading the recapitalisation of Literacy ...
News

US: LoopUp purchases digital learning firm SyncRTC

London-based software-as-a-service technology company LoopUp Group has acquired San Francisco-headquartered SyncRTC, which specialises in remote ...
2 months
News

New Zealand: Crimson Education raises $10m

Auckland-headquartered online schooling provider Crimson Education has raised US$10 million in a round led by ...
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UK: Prodigy Finance secures $750m funding to expand into new markets

London-based Prodigy Finance, a cross-border fintech lending to postgraduate international students, has secured a funding ...
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US: Aspen Group reports first-quarter loss

Education technology holding company Aspen Group has reported a net loss of $900,000 for the ...
News

Canada: Course-creation start-up LearnExperts raises C$1.25m

Ottawa-based training course creation platform LearnExperts has closed an oversubscribed C$1.25m (£909,000) seed round with ...
2 months
News

India: Eupheus Learning acquires student personalisation start-up ClassKlap

Eupheus Learning, a Delhi-based business-to-business ed tech company, has acquired Bengaluru-headquartered ClassKlap, which also operates ...
News

US: JPMorgan Chase acquires college financial planning platform

Consumer and commercial banking business JPMorgan Chase & Co has acquired Frank, a college financial ...
News

US: CreatorUp secures $5m Series A led by New Markets

Los Angeles-based educational video marketplace CreatorUp has closed a $5 million Series A funding round ...
News

Community Brands UK purchases Parentapps

Community Brands UK, a provider of cloud-based software and payments solutions for UK schools, has ...
News

US: Anthology and Blackboard to merge

Boca Raton, Florida-based Anthology, which provides learning management software and communication tools, and Blackboard, a ...
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Hong Kong: Preface completes Series A funding

Preface, a Hong Kong-based ed tech coding company has completed Series A funding from investor ...
News

Pearson sues Chegg for alleged copyright infringement

London-headquartered publishing and education company Pearson is suing California-based online textbook retailer Chegg for allegedly ...
News

US: Byju’s acquires K12 creative coding platform Tynker

Bengaluru-based ed tech decacorn Byju’s is acquiring Tynker, a creative coding platform.
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US: TPG Pace Tech Opportunities’ stockholders approve merger with Nerdy

Stockholders of TPG Pace Tech Opportunities, a publicly traded special purpose acquisition company, have voted ...
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UK: MyTutor raises £15m from FutureLearn and Coursera backer SEEK

UK-based online tutoring provider MyTutor has raised £15 million from SEEK Investments, the Australian backer ...
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UK: Access Group reports revenue and earnings surge

The Access Group, a UK-headquartered provider of management software to education organisations and other business ...
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Exclusive: Sale of school software provider approaches first round

The founders of a UK-based school software provider have instructed corporate financiers to find a ...
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Exclusive: Buyout group examines exit options for £350m-plus testing provider

A private equity house has conducted a beauty parade of investment banks as it weighs ...
News

US: Top Hat acquires Morton Publishing Company

Toronto-based Top Hat, a teaching and learning platform for higher education, has acquired Morton Publishing ...
News

US: PowerSchool Holdings reports reduced losses

Cloud-based education software provider PowerSchool Holdings has reported a second quarter 2021 net loss of ...
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UK: Cambridge University Press & Assessment acquires CogBooks

Cambridge University Press & Assessment has acquired CogBooks, an online technology company which specialises in ...
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India: Byju’s raises more than £100m led by Asmaan Ventures

Bengaluru-based ed tech decacorn Byju’s has raised significant funding from three investors.
News

US: Pushfor Investments to acquire Education Revolution

Surrey, British Columbia-based Pushfor Investments has agreed to acquire Education Revolution, a US-based provider of ...
News

US: Francisco Partners acquires family-owned Follett School Solutions

Follett Corporation has sold Follett School Solutions, its K12 software and content division, to Francisco ...
News

US: Capstone acquires slideshow tool Buncee

Minnesota-based Capstone has acquired Buncee, a tool for educators, students and administrators to create slideshows.
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India: Byju’s purchases online exam preparation platform Gradeup

Bengaluru-based ed tech decacorn Byju’s has acquired Gradeup, an online exam preparation platform.
News

UK: Kineo sells off non-core Sitepass to INX Software

Brighton-based digital learning solutions company Kineo has sold its Sitepass business to INX Software.
News

UK: TechnologyOne acquires higher education software provider Scientia

Queensland-based TechnologyOne, an enterprise software-as-a-service company, is acquiring Cambridge-headquartered Scientia, which offers timetabling and resource ...
News

Germany: Language-learning app Babbel to raise €180m through IPO

Berlin-based Babbel, a subscription-based language learning app and e-learning platform, is planning a public offering ...
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US: More losses for Barnes & Noble Education

Barnes & Noble Education, the provider of educational products and services for higher education and ...
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US: Wiley’s announces first-quarter profit down with revenue up

Global publishing company John Wiley & Sons has reported net income of $13.8 million for ...
News

UK: Student accommodation portfolio up for sale at £84m

Maven Capital, IP Investment Management and Glenmore Group are looking to divest The Trium portfolio ...
News

US: Panorama Education raises $60m in Series C led by General Atlantic

Boston-based K12 education software platform Panorama Education has raised $60 million in Series C funding ...
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India’s Teachmint in talks to raise third round this year at $500m valuation – report

Bengaluru-based classroom teaching app provider Teachmint is talking to new and existing investors to raise ...
News

US: McGraw Hill to acquire online literacy programme Achieve3000

US-based educational publisher McGraw Hill is acquiring Achieve3000, an online literacy programme that provides nonfiction ...
News

US: Academic Partnerships acquires curriculum-mapping software firm

Dallas-headquartered Academic Partnerships, an online facilitator for affordable higher education, has acquired Coursetune, an ed ...
News

US: Yellowbrick Education acquires Animation Mentor and lands funding

New York-based online education platform Yellowbrick Education which offers training and certification programmes for careers ...
3 months
News

US: Writing curriculum firm NoRedInk raises $50m in Series B

Digital writing curriculum provider NoRedInk has raised $50 million in a Series B round led ...
News

Ireland: Cambridge Education Group acquires medical pathway provider Castel Education

Cambridge Education Group, a provider of foundation programmes and English language training for international students, ...
News

Exclusive: Investment bank hired to connect market-leading software provider with buyer

The private equity sponsors of the Netherlands’ largest nursery-management software provider have hired investment bankers ...
News

Brazil: Arco Platform reports increase in revenue

Arco Platform, an educational software company that offers technology, services and content from kindergarten to ...
News

US: Cengage reduces quarterly loss

Ed tech company Cengage has announced a net loss of $23 million for the first ...
3 months
News

US: Workplace-skills ed tech Forage raises $35m

San Francisco-based skills training start-up Forage has raised $25 million in a Series B funding ...
3 months
News

Sweden: Bridgepoint Growth invests in TicTac Interactive

Early-stage growth investment firm Bridgepoint Growth has invested in TicTac Interactive, a provider of corporate ...
News

Pearson fined $1m for misleading investors about data breach

London-based publishing and education company Pearson has paid $1 million to settle charges brought by ...
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US: Instructure reports reduced losses on growing revenue

Instructure Holdings, the maker of the Canvas Learning Management System, has reported a second quarter ...
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UK: ParentPay completes ESS acquisition backed by Montagu

ParentPay Group, which provides cashless payments and parental engagement services, has acquired Chelmsford-based Education Software ...
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US: Class Technologies raises $105m in Series B funding

Class Technologies, which adds teaching and learning tools to virtual and hybrid classrooms on Zoom, ...
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US: Kiddom raises $35m in Series C funding

San Francisco-based digital curriculum platform Kiddom has raised $35 million in a Series C round ...
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US: HopSkipDrive raises $25m to expand and invest in electrification

Los Angeles-based HopSkipDrive, a vehicle for hire company focused on shuttling children to school, has ...
News

Byju’s looking to raise up to $1.5 bn and could IPO – report

Bengaluru-based ed tech decacorn Byju’s is in talks with several investors to raise $1-$1.5 billion, ...
News

India: Educational robotics firm Miko raises $28m

Mumbai-based educational robotics firm Miko has raised $28 million in a Series B round.
News

US: School bus manufacturer reports higher quarterly income

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced net income of ...

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