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Essential reading for education companies worldwide
Essential reading for education companies worldwide
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Category: K12

News

Brazil: Arco Platform closes the acquisition of Escola da Inteligência

Arco Platform, an educational software company that offers technology, services, and content from kindergarten to ...
14 hours
k12
News

China: Hailiang Education Group reports profit for first quarter fiscal 2021

Hailiang Education Group, an education and management service provider of primary, middle, and high schools ...
3 days
k12
News

UK: Alpha Plus launches low-cost hybrid independent school

Independent school provider, Alpha Plus Group is launching Portland Place Online, a hybrid online school ...
1 week
k12
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China: Codemao raises nearly £150m in Series D

Shenzhen-based computer coding tutoring platform Codemao has raised ¥1.3 billion (£148 million) in a series ...
1 week
k12
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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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China: Ed tech firm looks to raise $100m in US flotation

Beijing-based ed tech company 17 Education and Technology is seeking to raise $100 million in ...
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China: Rise Education announces Q3 profit following ‘robust recovery’

Rise Education Cayman, a junior English language training provider in China, has announced third-quarter 2020 ...
3 weeks
k12
News

Sweden: Listed education company buys school operator for £16m

AcadeMedia, a publicly listed Swedish education company, has acquired RE Skolor, the owner of Swedish ...
3 weeks
k12
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South Africa: St Stithians to launch online school with Valenture Institute

St Stithians, a South African private school, is partnering with native ed tech Valenture Institute ...
4 weeks
k12
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UAE: Cognita to launch RGS Guildford offshoot in Dubai

International schools operator Cognita has struck a deal with Royal Grammar School (RGS) Guildford to ...
4 weeks
k12
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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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UK: Quo Vadis Education acquires second private school

Quo Vadis Education has acquired Conifers School in Midhurst, West Sussex, a prep school with ...
1 month
k12
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China: Online growth boosts worlds largest listed education company

TAL Education Group, the Beijing-based after-school tuition provider, has reported net income of $15 million ...
1 month
k12
News

Nord Anglia pushes ahead with China expansion, buying bilingual school

Hong Kong-based international education provider Nord Anglia Education has acquired the Dalian Huamei Bilingual School ...
1 month
k12
News

K12 deal volume down 60% in SE Asia, but Q4 could see uptick – webinar

K12 deal volume in Southeast Asia is down 60% year-over-year, a leading transactional lawyer said ...
1 month
k12
News

AnaCap Financial Partners enters India’s education market through JV

Mid-market private equity investor AnaCap Financial Partners has made its first investment in India following ...
1 month
k12
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UK: Competition watchdog could block YPO’s £50m takeover of Findel

The Competition and Markets Authority (CMA) has provisionally found that Yorkshire Purchasing Organisation’s anticipated purchase ...
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Finnish media giant buys Spanish K12 content provider for €465m

Helsinki-based media company Sanoma is acquiring Santillana Spain, a provider of K12 learning materials, from ...
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China: Hailang Education Group shrugs off pandemic, boosting profits

Hailiang Education Group, an education and management service provider to primary, middle, and high schools ...
2 months
k12
News

Exclusive: Etonian entrepreneur seeking £1.2m to launch affordable private school chain

An entrepreneur whose family owns an award-winning £29,000-a-year preparatory school is on the hunt for ...
2 months
k12
News

Amity Group targets Middle East expansion under $35m investment

Education provider Amity Group is planning to open new schools in Ras Al Khaimah in ...
2 months
k12
News

Income dips at China’s New Oriental as pandemic delays enrolments

New Oriental Education & Technology Group, a New York-listed Chinese tutoring firm, recorded net income ...
2 months
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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
News

Exclusive: Private equity-backed trade buyer closes in on iSAMS

A private equity-owned school software supplier is close to signing a deal to acquire iSAMS, ...
News

Spain: International language school group goes bust

International House Eastern Spain Group of language schools will close after the Covid-19 pandemic hammered ...
2 months
k12
News

China: Ed tech firm Zhangmen raises $400m

Shanghai-based education company Zhangmen has raised $400 million in a funding round from investors including ...
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South Africa: Ed tech start-up receives $7m investment

Global venture capital fund GSV Ventures has invested $7 million in South Africa ed tech ...
2 months
k12
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Exclusive: Private equity bidders pour cold water on price expectations for Capita ESS

Price expectations for a sale of Capita’s Education Software Solutions (ESS) unit have softened significantly ...
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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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Australia: Online tutoring provider eyes IPO amid surging demand for distance learning

Australian online tutoring provider Cluey Learning is weighing an initial public offering on its domestic ...
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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
News

Singapore: Keppel Capital acquires majority stake in Malvern College Chengdu

Singapore-based Keppel Capital Holdings, through its wholly-owned subsidiary, Keppel Capital Alternative Asset has announced it ...
2 months
k12
News

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
News

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
News

Exclusive: CBPE Capital enters exclusivity for stake in newly merged school MIS provider

CBPE Capital has commenced exclusive talks to acquire a minority stake in a company formed ...
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China: Hailiang Education bolsters K12 portfolio with purchase of language school

Hailiang Education Group, a China-based education and management services provider, has acquired Jinhua Hailiang Foreign ...
2 months
k12
News

India: Byju’s buys virtual simulation platform as it continues buying spree

Indian ed tech giant Byju’s has acquired LabInApp, a virtual simulation platform used by more ...
News

Overseas agents report 20% decline in international enrolments at British boarding schools

Educational agents report a 20% decline in new enrolments of foreign pupils at British boarding ...
3 months
k12
News

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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China: Scotland’s Fettes College opens boarding school in collaboration with Bright Scholar

Fettes College, a reputed Scottish private school, has launched an offshoot in China under a ...
3 months
k12
News

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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Qatar: ACS International Schools open new ‘Covid-secure’ campus

ACS International Schools has opened its new “Covid-secure” campus in Doha to accommodate 2,500 students ...
3 months
k12
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China Online Education reports profit

China Online Education Group, the online and mobile education platforms that enable students to access ...
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India: Byju’s secures an additional $500m at $10.8bn valuation

Indian ed tech 'decacorn' Byju’s has raised $500 million in an ongoing Series F from ...
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UK: Private equity-backed Juniper Education continues roll-up, acquiring FS4S

Private equity-backed school software and services provider Juniper Education has acquired FS4S, which provides schools, ...
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UK: Key Capital Partners pumps £4.2m into educational virtual-reality company

Key Capital Partners has backed Avantis Systems, an educational virtual-reality start-up, with a £4.25 million ...
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Ireland: Private equity-owned LRN Corporation snaps up compliance and online learning firm

Ethics and compliance education and technology company LRN Corporation, backed by US buyout house Leeds ...
3 months
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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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Germany: Buyout house Levine Leichtman bolsters European portfolio with takeover of online-learning platform

Squla, a portfolio company of private equity firm Levine Leichtman Capital Partners (LLCP), has acquired ...
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Exclusive: iSAMS shareholders explore sale options as Capita SIMS auction triggers wave of consolidation in MIS market

The directors of iSAMS, a management information system (MIS) provider used by a third of ...
3 months
k12
News

Australia: IXL Learning to acquire 3P Learning

IXL Learning, a K12 personalised learning platform, has agreed to acquire 3P Learning, an online ...
3 months
k12
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China: Listed school operators tumble as Beijing tightens grip on extra-curricular services fees

Shares in New York- and Hong Kong-listed Chinese school operators slipped after five mainland government ...
3 months
k12
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Exclusive: Private equity giants mount first-round bids for Capita ESS

Two private equity behemoths are expected to today table preliminary offers for London-listed Capita’s Education ...
3 months
k12
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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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China: Private equity pioneer KKR leads $150m funding round in online-learning platform

Chinese online K12 mathematics and science platform Huohua Siwei has secured $150 million in a ...
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India: LEAD School receives $28m in funding round

Mumbai-based ed tech start-up LEAD School has secured $28 million in a Series C funding ...
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Qatar: Barwa Bank exits school property investment

Qatar-based Barwa Bank has exited its investment in two schools in Al Wakra, which were ...
3 months
k12
News

US: Nautic Partners forms education-focused facility services company

Middle-market private equity firm Nautic Partners has formed HES Facilities in partnership with management to ...
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China: Four Seasons Education announces first-quarter loss

Four Seasons Education (Cayman), the Shanghai-based after-school maths education provider for elementary school students has ...
4 months
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Brazil: Billionaire-backed K12 group explores IPO to fund expansion

Eleva Educação SA, a Brazilian school group, is in talks with investment banks in the ...
4 months
k12
News

China: OneSmart declares third-quarter loss

Shanghai-based after-school K12 education services provider OneSmart International Education Group has reported a net loss ...
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Denmark: Virtual science simulation provider raises $9m

Labster, a provider of virtual lab simulations, has raised $9 million in a funding round ...
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China: Tarena International reports first-half loss

Beijing-based professional education services company Tarena International has reported a net loss of ¥612.6 million ...
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US: Losses up and revenue down at Scientific Learning Corporation

Scientific Learning Corporation a software-as-a-service provider that delivers neuroscience-based educational technologies, has announced a second-quarter ...
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US: Profits slide at school bus manufacturer

Blue Bird Corporation, the independent designer and manufacturer of school buses, announced net income of ...
4 months
k12
News

Hong Kong fund raises $900m as it targets Asian school investments

Gaw Capital Partners, a Hong Kong-based private equity firm, has raised $900 million, half of ...
4 months
k12
News

China: Youdao reports increased losses

Online ed tech learning company Youdao has reported a second-quarter 2020 net loss of ¥257.8 ...
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US: K12 Inc reports annual profit

K12 Inc, an education company that sells online schooling and curricula for pre-K through to ...
4 months
k12
News

New Oriental eyes dual listing in Hong Kong as US clamps down on Chinese accounting practices

New Oriental Education & Technology group is reportedly eyeing a second listing in Hong Kong ...
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US: Losses for Rosetta Stone

Rosetta Stone, the education technology software company, has announced a second-quarter 2020 net loss of ...
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GEMS secures $150m of new debt eight months after tapping bond market for nearly $1 billion

GEMS Education has raised $150 million in debt funding less than a year after it ...
4 months
k12
News

US: Coronavirus-induced school closures force carpool app to wind down

GoKid, an app enabling families in the same area to arrange carpools, is shutting down ...
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US: Surge closes investment in All About Learning Press

Dallas-based private equity firm Surge Private Equity has closed an investment into All About Learning ...
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India: World’s first ed tech ‘decacorn’ Byju’s to receive $400m injection from billionaire

Investment firm DST Global, headed by billionaire Yuri Milner, is expected to give Indian online ...
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China: TAL Education reports first-quarter profit

TAL Education Group, the Beijing-based after-school tuition provider, has reported net income of $81.65 million ...
4 months
k12
News

British boarding schools secure chartered flights to bring back Chinese students

British boarding schools are chartering flights from China in August to ensure international pupils can ...
4 months
k12
News

Exclusive: Chinese property investor takes control of Gabbitas Education, tutor to Britain’s royal family

Gabbitas, the 147-year-old London-based educational consultancy that has famously tutored members of Britain’s royal family, ...
4 months
k12
News

China: New Oriental reports strong 2020 profit

New Oriental Education & Technology Group, a large private educational services provider in China, has ...
News

Permira acquires Chinese division of EF Education First

Global investment firm Permira and EF Education First today announced that a company backed by ...
4 months
k12
News

Exclusive: Private equity houses vie for stake in enlarged competitor to Capita SIMS spawned by merger of rival providers

A trio of private equity firms are competing for a minority stake in an entity ...
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US: Weld North Education acquires social emotional learning curriculum company

Weld North Education (WNE), a K12 digital curriculum company has acquired Purpose Prep, a technology-based ...
4 months
k12
News

UK: Parents, past pupils rally around collapsed private school, raising nearly £400,000

A British private school has raised nearly £400,000 as parents and donors rallied around it ...
4 months
k12
News

Brazil: Vasta Platform to raise $306m in US flotation

Vasta Platform intends to raise $306 million from the sale of its Class A common ...
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Exclusive: British independent school hires advisors to run auction

The owners of Park School in Bournemouth, England, have hired an accountancy firm to explore ...
4 months
k12
News

Exclusive: London-listed private equity group ‘frontrunner’ to acquire BIMM

London-listed private equity firm Intermediate Capital Group (ICG) is the frontrunner in a race to ...
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China: Bright Scholar quarterly profit drops

International and bilingual K12 school operator Bright Scholar Education Holdings has announced net income of ...
4 months
k12
News

US: Scholastic Corporation reports 2020 loss

Global children’s publishing, education and media company Scholastic Corporation has reported a net loss of ...
News

Brazilian education solutions provider eyes US listing

Brazilian for-profit education firm Cogna Educacao SA has set an estimated price range for the ...
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US: Frontline Education appoints chief legal officer

Frontline Education, a provider of K12 school administration software, has appointed Victoria Silbey as chief ...
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US: Barnes & Noble Education appoints Robinson to board

Barnes & Noble Education, the provider of educational products and services for higher education and K12, ...
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UK: Discovery Education acquires Spiral

Discovery Education, a provider of digital curriculum content and professional learning for primary and secondary ...
5 months
k12
News

First Chinese private school to open in Dubai

The Chinese School Dubai, mainly focused on catering to the Chinese community in the emirate, ...
5 months
k12
News

US: Stride Funding secures additional capital

San Francisco-based education funding start-up, Stride Funding has raised additional venture funding and has secured ...
5 months
News

US: Oklahoma governor causes stir with grant to private schools

Oklahoma governor Kevin Stitt has drawn criticism by dedicating to private schools $10 million of ...
5 months
News

India: Vedantu raises100m in Series D funding

Vedantu, a live online tutoring company based in Bengaluru, has raised $100 million as part ...
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Canada: Showbie appoints VP Learning

Showbie, which provides software as a service solutions for hybrid learning in K12 and higher ...
News

US: Barnes & Noble reports losses

Barnes & Noble Education, the provider of educational products and services for higher education and ...
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Australia: Canva for Education raises $60m as valuation balloons to $6bn

Ed tech unicorn Canva for Education has raised US$60 million of new funding as its ...
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UK: Your Favourite Teacher raises capital

Ed tech platform Your Favourite Teacher (YFT) is raising capital to expand its operations through ...
News

US: Californian districts take alternate stances on re-opening schools as Trump reiterates funding threat

School districts in California are at odds with one another over plans to re-open in ...
5 months
k12

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