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Essential reading for education companies worldwide
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Category: Skills Training

News

Exclusive: AXELOS affiliate lines up financing for ambitious takeover attempt

An affiliate organisation of Capita- and state-owned AXELOS has lined up private equity support that ...
21 hours
News

US: Upskilling platform Degreed raises $153m in Series D funding

Workforce upskilling platform Degreed has raised $153 million in Series D funding in a round ...
News

US: McGraw Hill acquires online training platform for Microsoft Office

McGraw Hill has acquired Triad Interactive, software developer of the SIMnet product for undergraduate computer ...
News

US: Educate 360 acquires technology trainer Pierian Data

Educate 360 Professional Training Partners has acquired Pierian Data, a Las Vegas-based provider of technology ...
2 weeks
News

UK: Addition Capital takes control of Be-A Education

London-based family investment office Addition Capital has completed a control investment into Be-A Education, operator ...
3 weeks
News

Norway: Corporate learning technology company Attensi raises $26m

Corporate learning and development technology company Attensi has raised $26 million from New York-based Lugard ...
1 month
News

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 ...
News

China: Shares in after-school tuition providers sink as sector braces for ‘regulatory storm’

China’s $110 billion off-campus education market is bracing for a “regulatory storm” following comments expressed ...
2 months
k12
News

US: eLearning Brothers acquires edutainment provider

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

Covid causes £590m loss to UK’s English-language tuition sector

ELT centres in the UK suffered a savage financial hit last year, according to research ...
2 months
News

UK: Oxford International split in sale to Nord Anglia and THI Investments

Bowmark Capital has exited Oxford International Education Group, carving out its private schools division in ...
2 months
News

Hungary: Coding school Codecool secures €7m in funding

Codecool has closed an investment round of €7 million supported by Integral Venture Partners, Lead ...
2 months
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: Bright Scholar dances with ballet school on minority stake purchase

Bright Scholar, the New York-listed China-based private school operator, has acquired a minority stake in ...
3 months
News

Exclusive: Covid-hit tuition provider pursuing £10m Oxford property sale

Oxford Royale Academy is looking to sell off one of its freehold properties for around ...
3 months
News

Exclusive: Capita to offload government-backed qualifications unit

London-listed Capita is preparing to offload AXELOS, a highly profitable professional qualifications division it co-owns ...
3 months
News

UK: LTG acquires diversity and inclusion training firm

Learning Technologies Group, which provides services and software for digital learning and talent management, has ...
3 months
News

US: PSG takes over compliance-training provider

Growth equity firm PSG has completed a majority investment into Traliant, an online workplace compliance ...
4 months
News

UK: Bayswater Education buys educational-travel provider Eurocentres

Bayswater Education has acquired Eurocentres, an educational-travel provider launched in 1948, with centres in London, ...
News

Exclusive: KKR-backed trade buyer acquires iHASCO

iHASCO, the health and safety e-learning provider brought to market earlier this year, has been ...
News

UK: Babington acquires PeoplePlus’s apprenticeship business

Independent work-based training provider Babington is acquiring a majority share of PeoplePlus’s apprenticeship business.
News

Canadian flight simulation and training company makes second acquisition

Montreal-based airplane simulation and training company CAE is acquiring TRU Simulation + Training Canada from ...
6 months
News

Exclusive: Corndel changes hands in £40m-plus sale

European private equity firm THI Investments will acquire apprenticeship and leadership training provider Corndel after ...
News

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 ...
6 months
News

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 ...
6 months
News

US: Music educator acquires electronic-music tuition platform

TrueFire Studios, which provides online guitar lessons, has acquired FaderPro, a virtual music education platform ...
6 months
News

Italy: Openjobmetis acquires controlling stake in training firm

Recruitment firm Openjobmetis has acquired 50.66% of the share capital of Lyve for € 1.1 ...
6 months
News

India: NSE Academy acquires majority stake in deep tech education firm

Ed tech company NSE Academy today acquired deep tech education firm TalentSprint,
6 months
News

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 ...
6 months
News

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 ...
6 months
k12
News

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.
News

US: J2 Global acquires cyber-training company

Los Angeles-based tech portfolio company J2 Global has acquired San Antonio-based cybersecurity training company Inspired ...
6 months
News

Exclusive: Bankers collect second-round bids for Corndel

A US-owned insurance services provider is one of two suitors that have tabled second-round bids ...
6 months
News

UK: Palatine confirms investment in Back2Work through Impact Fund

Palatine Private Equity has completed the sixth investment from its Impact Fund, acquiring a minority ...
7 months
News

US: Music-training provider buys talent management company

The San Francisco Conservatory of Music (SFCM) is acquiring Opus 3 Artists, a management company ...
7 months
News

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 ...
7 months
k12
News

UK: Online ELT provider buys brick-and-mortar business

Online English-language school TopUp Learning has acquired Tti School of English in London, The Pie News has ...
7 months
News

Rosetta Stone acquired by Veritas Capital-owned Cambium Learning

Cambium Learning Group, a provider of digital education solutions and professional learning services, and a ...
7 months
News

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 ...
7 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 ...
News

UK: Inflexion acquires IT training firm in off-market deal

Inflexion Private Equity Partners, owner of Times Higher Education, has bought a controlling stake in ...
7 months
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 ...
7 months
News

US: P2P learning platform for senior citizens raises $10m

GetSetUp, an ed tech company focused on creating economic and learning opportunities for older adults, ...
7 months
News

US: Language-learning tool secures $3m in seed round

Online language learning tool Toucan has raised $3 million in seed funding led by GSV ...
News

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 ...
7 months
News

US: Sunset Learning Institute acquires GigaWave Technologies

Sunset Learning Institute (SLI), which provides corporate and public sector IT training and education, has ...
7 months
News

Spain: International language school group goes bust

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

US: Online memory improvement start-up secures $30m

SketchyMedical, an online education company that teaches complex concepts through visual memory techniques, has received ...
8 months
News

India: Unacademy acquires civil service prep platform

Indian ed tech platform Unacademy has acquired Coursavy, a platform for India’s civil service exam ...
8 months
News

UK: Acis acquires Riverside Training

Social housing provider Acis Group has acquired training provider Riverside Training based in Gainsborough in ...
8 months
News

UK: Learning Curve buys training provider from Babington

Learning Curve Group, a private equity-owned UK-based training provider, has acquired Acorn Training Consultants from ...
8 months
News

Norway: Kahoot steps into corporate training with acquisition of Denmark’s Actimo

Kahoot, a Norwegian e-learning platform valued at more than $2 billion, has acquired Danish start-up ...
News

UK: Learning Curve Group appoints new chairman

Durham-based training provider Learning Curve Group has appointed former QA chief executive, William Macpherson (pictured), ...
8 months
News

Exclusive: Embattled training provider Learndirect acquired by new private equity firm

Learndirect, the British training provider that nearly went bust in 2018 after having its government ...
8 months
News

UK: Digital education platform Sandbox buys Teachit

Sandbox, an operating platform for digital educational products and services, has acquired teacher resource provider ...
News

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 ...
8 months
News

China: Losses mount at Sunlands Technology Group

Online post-secondary and professional education company Sunlands Online Education has reported a second-quarter net loss ...
9 months
News

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 ...
News

China: Tough half-year for Rise Education

Rise Education Cayman, a junior English language training provider in China, has announced a second ...
9 months
News

Exclusive: UK private equity firm closes in on Back2Work Complete Training

A UK-based buyout house is in exclusive talks with shareholders in Back2Work Complete Training around ...
9 months
News

STA Travel ceases trading after falling victim to the pandemic

STA Travel, which specialises in trips for young people and students, has been forced to ...
9 months
News

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 ...
9 months
News

Views from the top: Corndel boosts enrolments and revenue despite pandemic ahead of auction launching next month, says CEO

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

US: Lincoln Tech appoints new board members

Technical training company Lincoln Educational Services Corporation has appointed Carlton Rose (pictured) and Dr Michael ...
9 months
News

China Education Group announces ‘largest-ever’ acquisition in China’s higher education sector

China Education Group, the Hong Kong-listed entity which earlier this year bought a British university, ...
9 months
News

Exclusive: Employment training provider Back2Work drafts in advisors to find private equity investor

Back2Work Complete Training has instructed corporate financiers to find a new minority investor in the ...
9 months
News

UK: Lifetime Training grew profit last year before pandemic crippled apprenticeship sector

Lifetime Training grew its EBITDA by 13% to £14.8 million in the year ended 31 ...
10 months
News

US: Springboard secures $31m in Series B funding

Springboard, a mentor-guided online learning platform that prepares people for in-demand careers, has raised $31 ...
10 months
News

Malvern International retreats from Singapore after Covid-19 exacerbated existing pains

Global learning and skills development business Malvern International is closing its operations in Singapore, which ...
10 months
News

Spain: Private equity pioneer KKR acquires training firm MasterD in €150m deal

KKR is buying a majority stake in Spanish vocational training provider MasterD in a deal ...
10 months
News

UK: Apprenticeship starts fall 60%, delivering blow to Treasury’s training-driven recovery plan

Apprenticeship starts in the UK in May were down 60% year-on-year, a statistic that will ...
News

US: Cybersecurity training firm raises $16m

RangeForce, the cloud-based cybersecurity training firm, has raised $16 million in a Series A round ...
10 months
News

Germany: Second language firm raises $4.5m

Berlin-based start-up Tandem, an app for practising a second language, has closed a £4.5 million ...
10 months
News

Norway: EV Private Equity acquires training platform

EV Private Equity, which focuses on the energy sector, has acquired a majority stake in ...
10 months
News

China: Skillful Craftsman announces closing of initial public offering

Education technology company Skillful Craftsman Education Technology has announced the closing of its initial public ...
News

US: KnowFully acquires CME Outfitters

KnowFully Learning Group, a provider of continuing professional education and exam preparation courses to the ...
News

Brazil: Afya announces Pebmed’s acquisition

Brazilian medical education group Afya has acquired Pebmed, through its wholly-owned subsidiary Afya Participações. The ...
10 months
News

China: Meten EdtechX appoints chief financial officer

Meten EdtechX Education Group, an English language training provider in China, has appointed Henry Wong ...
News

Exclusive: EssentialSkillz explores sale as home working boosts compliance training

The owners of Ireland-based EssentialSkillz have drafted in advisors to explore a sale of the ...
11 months
News

Exclusive: E-training provider iHASCO instructs corporate finance house to explore sale

The owners of iHASCO, a UK-based health and safety e-training provider, have appointed advisors to ...
11 months
News

China: Covid-19 claims another language tuition casualty

The language training arm of media giant Disney is closing down its operations in China ...
11 months
News

UK: Buyout house grows education portfolio with purchase of veterinary training provider

UK-based private equity firm RJD Partners has bankrolled a management buyout of Improve International, a ...
News

US: Upskilling platform raises $32m as pandemic promises to reshape employment markets

Degreed, which provides career development solutions to professionals, has raised $32 million, at a time ...
11 months
News

Private equity-owned e-learning provider files for bankruptcy to reduce $2bn debt burden

Skillsoft, a US-based e-learning company owned by private equity firm Charterhouse Capital Partners, has filed ...
11 months
News

US: Wiley axes executives’ pay as pandemic prompts belt-tightening

John Wiley & Sons’ EBITDA fell 23% in the fourth quarter of its 2020 fiscal ...
News

China Distance Education gets takeover offer days after US announces regulatory crackdown on listed Chinese firms

China Distance Education’s management team has offered to buy the organisation, less than a week ...
11 months
News

Investment firm targets health and social care sector as it snaps up UK-based training provider

London-based investment holding company MBH Corporation has acquired Logistica Training, a training provider serving the ...
11 months
News

15 listed education companies that have grown despite Covid-19

Listed education companies with technology-driven delivery models have seen the greatest increase in value since ...
12 months
k12
News

US private equity firm takes stake in digital analytics provider

LLR Partners, a private equity firm, has invested in TrueLearn, a provider of online test ...
News

Big Four group invests in German digital business school

PwC has acquired a near 50% stake in a German “business school for the digital ...
12 months
News

Exclusive: Lifetime Training’s private equity parent scraps auction and will keep business for up to three years

Silverfleet Capital will retain ownership of Lifetime Training for up to three years after abandoning ...
12 months
News

US universities to lose “at least” $3bn due to Covid-19, says association

The US higher education sector “will lose at least” $3 billion as a result of ...
12 months
News

UK: Ed tech BibliU raises $10m as private investors smile on sector boosted by Covid-19

London-based ed tech BibliU has raised $10 million in a Series A funding round, underscoring ...
News

London-listed group buys Wall Street English Vietnam at testing time for language-training industry

London-listed Myanmar Strategic Holdings is to acquire Wall Street English Vietnam from Verlinvest, despite the ...
12 months
News

EF plots China expansion weeks after pandemic prompted rival to shutter mainland operation

Education First (EF) is set to have “one of its biggest investment years ever” despite ...
12 months
News

Belgian e-learning provider secures private equity buyer amid Covid-19 chaos

Levine Leichtman Capital Partners (LLCP), a US-based private equity firm, has acquired Belgium-based e-learning provider ...
News

Kaplan launches blended language course as Covid-19 crisis prompts strategic pivot

International training provider Kaplan has launched a new blended language-tuition programme, Best of Both, which ...
News

UK: Apprenticeship starts “falling off a cliff” as Covid-19 prevents provision

The number of UK apprenticeship starts in February was down by more than 10% on ...
News

UK business schools hit back at government plans to scrap MBA apprenticeship

UK business schools are hitting back at government plans to cull controversial MBA apprenticeships by ...

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