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Category: Ed Tech and Educational Services

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UK: DK acquires specialist education publisher

Multinational publishing company DK has acquired Phonic Books, a Malmesbury, Wiltshire-based specialist education publisher.
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US: Territorium closes $4.4m seed round led by Cometa Investment

Austin-Texas based ed tech Territorium has closed a $4.4 million seed round led by Cometa.
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US: ScholarPath closes on expanded financing

ScholarPath, an education platform designed to help high school students pursue their talents and interests, ...
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US: Prometric acquires Finetune

Baltimore-based test administration company Prometric has acquired Finetune, an assessment and learning technology firm.
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Blackstone funds to acquire American Campus Communities following stockholder approval

American Campus Communities, the owner, manager and developer of high-quality student housing properties in the ...
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US: Chegg reports reduced quarterly income

Online textbook retailer Chegg has reported net income of $7.5 million for the second quarter ...
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US: Horace Mann reports second-quarter loss

Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported a ...
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US: Instructure posts reduced losses on growing revenue

Instructure Holdings, the maker of the Canvas Learning Management System, has reported a second quarter ...
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US: Zovio divests OPM business and announces losses

Zovio, an ed tech services company, is selling its online programme management business to the ...
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Germany: Converge Technology Solutions Corp acquires three education support firms

Toronto-based Converge Technology Solutions Corp, a software-enabled IT and cloud solutions provider, has acquired Germany-based ...
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China: Big annual loss for New Oriental Education & Technology Group

New Oriental Education & Technology Group, a New York-listed Chinese tutoring firm, has reported a ...
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Exclusive: Makers Academy appoints Ashcombe to run sale

London-based coding bootcamp provider Makers Academy has mandated Ashcombe Advisers to launch a sale of ...
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Australia: Adventus.io acquires ratings publisher

Singapore-based Adventus.io is acquiring Good Education Media Press which publishes the Australian university ratings and ...
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US: 2U reports increased losses

Ed tech company 2U has reported a second-quarter 2022 net loss of $62.9 million.
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Exclusive: Apse-backed Kallidus to return to market

Kallidus, a UK-based e-learning and talent management software provider owned by private equity firm Apse ...
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Exclusive: EV-backed Trainor mandates Houlihan Lokey to run sale

EV Private Equity has appointed Houlihan Lokey to run the sale of Trainor, a Norwegian ...
2 weeks
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Synova closes £875m fund, plans to boost investment in education

Private equity firm Synova has held a first and final close for its latest fund, ...
2 weeks
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US: Increased losses for Coursera

Massive open online course provider Coursera has reported a second-quarter net loss of $49.3 million.
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US: Sallie Mae reports big quarterly increase in income

Sallie Mae, the saving, planning, and paying for college company, has announced second-quarter 2022 net ...
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US: Tutor management platform Pearl raises $4m

Richmond, Virginia-based tutor management platform Pearl announced its tranche seed fundraise has surpassed $4 million ...
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US: Scholastic Corporation bounces back into profit

Manhattan-based global children’s publishing, education and media company Scholastic Corporation has reported net income of ...
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Canada: SchoolFinder Group acquires Recruit in Canada

Toronto-based SchoolFinder Group has acquired Recruit in Canada and its Study and Go Abroad education ...
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Brazil: Vasta invests in Educbank

São Paulo-based education company Vasta Platform has acquired, via its subsidiary Somos Sistemas de Ensino, a ...
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US: Chartwells Higher Education acquires food management company Fresh Ideas

Rye, New York-based contract food service management Chartwells Higher Education has acquired Fresh Ideas, a ...
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US: ISS recommends stockholders vote for American Campus Communities acquisition

Proxy advisory firm, Institutional Shareholder Services (ISS), has recommended that stockholders vote for the previously ...
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UK: Cambridge Information Group buys Emerald

Cambridge Information Group (CIG) has acquired academic and social science publishing house Emerald Group.
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Canada: Transact Campus acquires mobile app Hangry

Phoenix-based Transact Campus , which provides credential and payment services on campuses, has acquired Toronto-headquartered ...
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US: Dramatic quarterly income drop for Horace Mann

Educational financial services, life assurance and pensions company Horace Mann Educators Corporation has reported first-quarter ...
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Australia: Flywire buys student payments platform Cohort Go

Boston-based Flywire Corporation, a global payments enablement and software company, has acquired Cohort Go, an ...
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UK: McLaren Property to deliver student accommodation

Nottingham City Council has resolved to grant planning permission to McLaren Property for the redevelopment ...
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US: Carnegie purchases Maguire Associates

Pittsburgh-based higher education marketing and enrolment strategy firm Carnegie has acquired enrolment management firm Maguire Associates, ...
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US: Genius Group acquires University of Antelope Valley

Singapore-based ed tech company Genius Group has acquired California-based University of Antelope Valley.
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Exclusive: Childcare training business Parenta comes to market

Parenta, a UK-based childcare training and software provider, has mandated FRP Advisory to run a ...
1 month
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Switzerland: Orell Füssli acquires educational media publisher hep Verlag

Swiss printing and bookselling company Orell Füssli has bought a majority stake in educational media ...
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Australia: Busy Bees acquires Australian Child Care Career Options

Early childhood education and care provider Busy Bees Early Learning has acquired Brisbane-based registered training ...
1 month
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UK: BGF-backed Operam buys First For Education

Operam Education Group has acquired West Midlands-based education recruitment agency First For Education, in a ...
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US: EQT’s First Student to buy Total Transportation

Student transportation company First Student, which is backed by private equity firm EQT, is acquiring ...
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US: Class Technologies acquires Blackboard Collaborate

Washington DC-based Class Technologies, which adds teaching and learning tools to virtual and hybrid classrooms ...
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US: Meazure Learning acquires Scantron’s certification and licensure business

Hoover, Alabama-based Meazure Learning, which provides online testing services for the higher education and professional ...
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US: Barnes & Noble Education’s losses shorten

Barnes & Noble Education, the provider of educational products and services for higher education and ...

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