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Essential reading for education companies worldwide
Essential reading for education companies worldwide
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Category: Skills Training

News

UK: Babington acquires PeoplePlus’s apprenticeship business

Independent work-based training provider Babington is acquiring a majority share of PeoplePlus’s apprenticeship business.
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Canadian flight simulation and training company makes second acquisition

Montreal-based airplane simulation and training company CAE is acquiring TRU Simulation + Training Canada from ...
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Exclusive: Corndel changes hands in £40m-plus sale

European private equity firm THI Investments will acquire apprenticeship and leadership training provider Corndel after ...
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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 ...
2 weeks
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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 ...
2 weeks
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US: Music educator acquires electronic-music tuition platform

TrueFire Studios, which provides online guitar lessons, has acquired FaderPro, a virtual music education platform ...
2 weeks
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Italy: Openjobmetis acquires controlling stake in training firm

Recruitment firm Openjobmetis has acquired 50.66% of the share capital of Lyve for € 1.1 ...
2 weeks
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India: NSE Academy acquires majority stake in deep tech education firm

Ed tech company NSE Academy today acquired deep tech education firm TalentSprint,
2 weeks
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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 ...
2 weeks
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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 ...
2 weeks
k12
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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.
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US: J2 Global acquires cyber-training company

Los Angeles-based tech portfolio company J2 Global has acquired San Antonio-based cybersecurity training company Inspired ...
3 weeks
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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 ...
4 weeks
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UK: Palatine confirms investment in Back2Work through Impact Fund

Palatine Private Equity has completed the sixth investment from its Impact Fund, acquiring a minority ...
1 month
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US: Music-training provider buys talent management company

The San Francisco Conservatory of Music (SFCM) is acquiring Opus 3 Artists, a management company ...
1 month
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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
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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 ...
1 month
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Rosetta Stone acquired by Veritas Capital-owned Cambium Learning

Cambium Learning Group, a provider of digital education solutions and professional learning services, and a ...
2 months
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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 ...
2 months
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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 ...
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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 ...
2 months
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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: P2P learning platform for senior citizens raises $10m

GetSetUp, an ed tech company focused on creating economic and learning opportunities for older adults, ...
2 months
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US: Language-learning tool secures $3m in seed round

Online language learning tool Toucan has raised $3 million in seed funding led by GSV ...
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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 ...
2 months
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US: Sunset Learning Institute acquires GigaWave Technologies

Sunset Learning Institute (SLI), which provides corporate and public sector IT training and education, has ...
2 months
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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
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US: Online memory improvement start-up secures $30m

SketchyMedical, an online education company that teaches complex concepts through visual memory techniques, has received ...
2 months
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India: Unacademy acquires civil service prep platform

Indian ed tech platform Unacademy has acquired Coursavy, a platform for India’s civil service exam ...
2 months
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UK: Acis acquires Riverside Training

Social housing provider Acis Group has acquired training provider Riverside Training based in Gainsborough in ...
2 months
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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 ...
2 months
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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 ...
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UK: Learning Curve Group appoints new chairman

Durham-based training provider Learning Curve Group has appointed former QA chief executive, William Macpherson (pictured), ...
3 months
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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 ...
3 months
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UK: Digital education platform Sandbox buys Teachit

Sandbox, an operating platform for digital educational products and services, has acquired teacher resource provider ...
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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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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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China: Losses mount at Sunlands Technology Group

Online post-secondary and professional education company Sunlands Online Education has reported a second-quarter net loss ...
3 months
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China: Tough half-year for Rise Education

Rise Education Cayman, a junior English language training provider in China, has announced a second ...
3 months
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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 ...
3 months
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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 ...
3 months
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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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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 ...
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US: Lincoln Tech appoints new board members

Technical training company Lincoln Educational Services Corporation has appointed Carlton Rose (pictured) and Dr Michael ...
4 months
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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, ...
4 months
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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 ...
4 months
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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 ...
4 months
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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 ...
4 months
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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 ...
4 months
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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 ...
4 months
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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 ...
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US: Cybersecurity training firm raises $16m

RangeForce, the cloud-based cybersecurity training firm, has raised $16 million in a Series A round ...
4 months
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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 ...
4 months
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Norway: EV Private Equity acquires training platform

EV Private Equity, which focuses on the energy sector, has acquired a majority stake in ...
4 months
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China: Skillful Craftsman announces closing of initial public offering

Education technology company Skillful Craftsman Education Technology has announced the closing of its initial public ...
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US: KnowFully acquires CME Outfitters

KnowFully Learning Group, a provider of continuing professional education and exam preparation courses to the ...
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Brazil: Afya announces Pebmed’s acquisition

Brazilian medical education group Afya has acquired Pebmed, through its wholly-owned subsidiary Afya Participações. The ...
5 months
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China: Meten EdtechX appoints chief financial officer

Meten EdtechX Education Group, an English language training provider in China, has appointed Henry Wong ...
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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 ...
5 months
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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 ...
5 months
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China: Covid-19 claims another language tuition casualty

The language training arm of media giant Disney is closing down its operations in China ...
5 months
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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 ...
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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 ...
6 months
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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 ...
6 months
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US: Wiley axes executives’ pay as pandemic prompts belt-tightening

John Wiley & Sons’ EBITDA fell 23% in the fourth quarter of its 2020 fiscal ...
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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 ...
6 months
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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 ...
6 months
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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 ...
6 months
k12
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Big Four group invests in German digital business school

PwC has acquired a near 50% stake in a German “business school for the digital ...
6 months
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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 ...
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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 ...
6 months
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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 ...
6 months
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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 ...
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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 ...
6 months
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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 ...
7 months
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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 ...
7 months
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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 ...
7 months
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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 ...
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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 ...
7 months
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Covid-19: UK English language trainers plead for help from chancellor

English language training provider representative body English UK has written to chancellor of the exchequer ...
8 months
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China: Hailiang Education Group profit rises by 52.5%

Hailiang Education Group, an education and management service provider of primary, middle, and high schools ...
8 months
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China: RYB Education reports 2019 loss

Early childhood education service provider, RYB Education, reported a 2019 net loss of $2.2 million, ...
8 months
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China: Merged EdtechX Holdings and Meten International raise $36m

EdtechX Holdings Acquisition Corp, the special purpose acquisition company, and Meten International Education Group, an ...
8 months
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Educational technology provider Code Institute in Dublin has raised €1.2 million from Kernel Capital and ...
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UK: Former independent school to become police training centre

A former independent school is set to become a training facility for the local police ...
8 months
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UK: Emerge Education announces new ed tech seed fund

Emerge Education, a London-based investment firm focused on ed tech, has announced the first close ...
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Covid-19: UK government closes all schools and nurseries indefinitely; cancels GCSE and A-level exams

The UK government has ordered all of the country’s schools and nurseries to close on ...
9 months
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Exclusive: Rhône Capital abandons sale of Global Knowledge

The sale of Global Knowledge, a private equity-owned European provider of technology and corporate skills ...
9 months
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Exclusive: Corndel to hit market in Q4, prompting further consolidation in UK apprenticeship market

The owners of Corndel, a fast-growing apprenticeship provider that serves some of the UK’s largest ...
9 months
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Exclusive: KKR among host of private equity groups placing preliminary bids for Lifetime Training

A chorus of private equity houses including KKR and CapVest have tabled preliminary bids for ...
9 months
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US: Talespin raises $15m in Series B funding

Talespin, which uses virtual reality to train employees has raised $15 million in Series B ...
9 months
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China: Rise Education announces profit

Rise Education Cayman, a junior English language training provider in China, has announced 2019 net ...
9 months
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US: Higher Ground acquires nanny sharing platform

Higher Ground Education, a network of schools dedicated to mainstreaming Montessori worldwide, has acquired CozyKin, ...
9 months
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Exclusive: London-based buyout house acquires Learning Curve for £100m

Agilitas Private Equity, a London-based buyout house, has acquired UK apprenticeship provider Learning Curve for ...
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UK: Learning Curve acquires hairdressing apprenticeship company

Learning Curve Group has acquired London-based hair and beauty training provider the London Hairdressing Apprenticeship ...
9 months
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US: Learning Technologies Group to acquire Open LMS

London-based Learning Technologies Group, the workplace learning and talent industry company, is acquiring Blackboard’s Open ...
9 months
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Covid-19: Saudi Arabia shuts schools and universities

All schools and universities in Saudi Arabia are closing from Monday to control the spread ...
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Malaysia: Prestariang to dispose of education unit

Prestariang, which provides information and communication technology training and certification services in Malaysia, is selling ...
9 months
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Canada: Bluedrop announces Q1 profit

Bluedrop Performance Learning, an e-learning company based in St. John’s, Newfoundland and Labrador, Canada, has ...
9 months
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UK: Moody’s acquires online training and certifications firm

New York City-based risk assessment firm Moody’s Corporation has acquired RBA International, a London-based provider ...
9 months

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