Category: Ed Tech and Educational Services

News

US: Grand Canyon Education annual income up

Grand Canyon Education has reported 2023 net income of $205 million, up 11% from $184.7 ...
News

US: 2U reports full-year loss

Ed tech company 2U has reported a 2023 net loss of $317.6 million, compared to ...
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US: 95 Percent Group acquires literacy company

95 Percent Group, a portfolio company of private equity firm Leeds Equity Partners, has acquired ...
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US: Cove Hill Partners invests in Incident IQ

Cove Hill Partners has invested in Incident IQ, a workflow management platform for K12 districts.
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US: Bain Capital Double Impact invests in ed tech company

Private equity firm Bain Capital has invested in education software provider Branching Minds via its ...
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US: Savvas Learning Company acquires virtual college lecture provider

Savvas Learning Company, has acquired Outlier.org, which provides online college-level courses for high school pupils ...
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US: Increased annual profit for Horace Mann Educators Corporation

Horace Mann Educators Corporation has reported 2023 net income of $45 million, up 127.3% from ...
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US: Good first-quarter performance for Blue Bird Corporation

Blue Bird Corporation, the designer and manufacturer of electric and low-emission school buses, has announced ...
News

Singapore: Eruditus posts annual loss

Eruditus has reported a net loss of 1,049 crore rupees (£100.1 million) for its 2023 ...
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US: Coursera reports annual loss

Massive open online course provider Coursera has reported a 2023 net loss of $116.6 million.
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Australia: Juice Technologies acquires childcare software company

Juice Technologies has acquired the Australian operations of childcare management software company Kangarootime.
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Singapore: Security Compass buys training software provider

Toronto-based Security Compass has acquired Singapore-headquartered application security training software provider Kontra.
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US: ETS acquires workforce certification firm

ETS, an educational measurement organisation, has acquired PSI, a test development and delivery company for ...
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US: Student transportation firm Zum raises $140m

Student transportation company Zum has raised $140 million in a Series E funding round led ...
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US: Chegg reports sharp drop in annual income

Online textbook retailer Chegg has reported 2023 net income of $18.2 million.
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US: Carlyle acquires $415m private student loan portfolio

Carlyle has acquired a $415 million private student loan portfolio from Trust Bank, and invested ...
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US: Roper Technologies to buy childcare software firm

Sarasota, Florida-based Roper Technologies is acquiring early childhood education software firm Procare Solution.
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US: PowerSchool buys K12 financial budgeting software provider

PowerSchool has acquired Allovue, a Baltimore-headquartered provider of K12 financial planning, budgeting and analytics software ...
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US: Sallie Mae’s announces Q4 income

Saving, planning, and paying for college company Sallie Mae, has announced fourth-quarter 2023 net income ...
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Bulgaria: Juniper Education buys MIS provider

Education software and services company Juniper Education, which is backed by Horizon Capital, has acquired ...
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Exclusive: SCL Education comes to market

UK-based sports education provider SCL Education has appointed financial advisor Grant Thornton to run a ...
3 months
k12
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Canada: QS purchases student career navigation platform

QS Quacquarelli Symonds has acquired 1Mentor, a career navigation platform for students.
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US: Upper Crust Food Service acquires Campus Cooks

Columbia, Missouri-based Upper Crust Food Service has acquired Campus Cooks, headquartered in Wheeling, Illinois.
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US: Scholastic Corporation reports Q2 income

Scholastic Corporation has reported net income of $76.9 million for the second quarter its 2024 ...
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Egypt: Baims acquires live learning platform

Kuwait-based ed tech Baims has acquired Egyptian live learning platform Orcas Tutoring.
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UK: QPE-backed Learndirect buys training company

Learndirect, a portfolio company of private equity firm Queen’s Park Equity (QPE), has acquired AT&F ...
4 months
News

UK: Education staff supplier completes management buyout

Now Education, a supplier of staff for primary, secondary and SEND schools across England and ...
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US: Achieve Partners launches education fund

Achieve Partners has launched a new $167 million fund to invest in software and tech-enabled ...
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US: Backer acquires Saving For College and raises Series A

Backer, a fintech company focused on tax-advantaged 529 savings plans, has raised $9.5 million in ...
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China: Losses reported at 51Talk Online Education Group

51Talk Online Education Group has reported a third-quarter 2023 net loss of $3.9 million.
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UK: Operam Education Group acquires college recruitment firm

BGF-backed education recruitment company Operam Education Group has acquired Nottingham-based Provision Recruitment.
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US: Virco reports third-quarter profit

Virco Manufacturing Corporation, a manufacturer and supplier of furniture and equipment for education, reported net ...
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China: Jianzhi Education Technology Group Company reports half-year loss

Jianzhi Education Technology Group Company, a provider of digital educational content in China, has reported ...
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US: Blue Bird Corporation posts reduced annual profit

Blue Bird Corporation, the designer and manufacturer of electric and low-emission school buses, has announced ...
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UK: Stirling Square sells Outcomes First Group

Stirling Square Capital Partners has sold specialist education provider Outcomes First Group (OFG) to private ...
5 months
News

US: Flinn Scientific buys online resource hub for educators

Flinn Scientific ha acquired Educational Innovations and its website teachersource.com, an online resource hub for ...
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Brazil: Achieve takes Arco private

Achieve Holdings has acquired São Paulo-based Arco Platform, which provides an operating system for K12 ...
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UK: Schools’ travel company acquires educational and ski firm

Schools’ tour operator Halsbury Travel Group has acquired IBT Travel.
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US: Barnes & Noble Education reports quarterly income

Barnes & Noble Education reported net income of $24.2 million for the second quarter its ...
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US: Kyron Learning raises funding round

Video learning platform Kyron Learning has secured $14.6 million in a Series A funding round ...

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