Category: Ed Tech and Educational Services

News

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
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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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UK: Learning Technologies Group divests asset

Learning Technologies Group (LTG), a digital learning and talent management company listed on the London ...
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US: Wiley reports losses

John Wiley & Sons has reported a net loss of $19.4 million for the second ...
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India: Allen Career Institute acquires ed tech platform

New Delhi-based Allen Career Institute has acquired Gurugram-headquartered doubts-solving platform Doubtnut.
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US: Serent-backed ParentSquare buys learning platform

K12 engagement company ParentSquare, which is backed by private equity firm Serent Capital, has acquired ...
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Ireland: PE-backed Curriculum Associates buys voice AI company

Curriculum Associates, an education technology company backed by private equity firms Permira and Berkshire Partners, ...
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UK: Exam Papers Plus sells minority stake

UK-based digital test preparation provider Exam Papers Plus (EPP) has sold a minority stake to ...
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US: Ambow Education Holding posts losses

Ambow Education Holding has reported a net loss of $1 million for the second quarter ...
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US: Validated Insights buys higher ed research company

Validated Insights, an advertising agency specialising in education, has acquired 32EDU, a higher ed market ...
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UK: The Progress Group acquires digital marketplace

Education and training provider The Progress Group has acquired MyWorkMode, a digital marketplace that connects ...
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UK: RM closes Consortium business

RM, which supplies technology and resources to the education sector, is closing its loss-making Consortium ...
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Exclusive: Stirling close to selling Outcomes First Group to private equity firm

Stirling Square Capital Partners is close to divesting specialist education provider Outcomes First Group (OFG) ...
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US: Blue Bird completes refinancing and enters new credit agreement

Blue Bird Corporation has completed the refinancing of its credit facilities and entered into a ...
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US: PCS Edventures! reports Q2 2024 profit

PCS Edventures! has announced net income of $1.81 million for the second quarter of fiscal ...
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US: Nelnet reports dip in third-quarter income

Nelnet, which deals in the administration and repayment of student loans and education financial services, ...
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China: Youdao posts third-quarter loss

Online ed tech learning company Youdao has reported a third-quarter 2023 net loss of ¥96.9 ...
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US: McGraw Hill reports higher billings across most sectors

McGraw Hill has reported financial results for the second quarter of its 2024 fiscal year with ...
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Germany: Tenzing’s MetaCompliance buys training business

MetaCompliance, a cyber security awareness training company backed by private equity firm Tenzing, has acquired ...
6 months
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US: Academic Partnerships to acquire higher ed business

Dallas-based Academic Partnerships (AP), which helps regional public universities to grow by supporting their online ...
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US: Mpower increases lending capacity with fresh debt funding

Mpower Financing, a fintech providing non-cosigned loans to international students, has closed on debt financing ...
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Canada: Docebo reports quarterly income

Learning management system provider Docebo has reported third-quarter 2023 net income of C$4 million (£2.4 ...
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US: Third-quarter loss for 2U

Ed tech company 2U has reported a third-quarter 2023 net loss of $47.4 million.
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US: Third-quarter loss at Boxlight

Boxlight Corporation, which provides technology to education companies, reported a total comprehensive loss of $20.6 ...
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Brazil: Vasta Platform posts third-quarter loss

Education company Vasta Platform has reported a third-quarter loss of 62.1 million reais (£10.3 million).
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US: GMB buys higher education marketing firm

GMB, has acquired Up&Up Agency, a higher education marketing firm.
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Australia: Flywire acquires education software company from Navitas

Flywire Corporation, a payments and software company, has acquired StudyLink, a provider of international student ...
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US: Third-quarter loss for PowerSchool Holdings

Cloud-based education software provider PowerSchool Holdings has reported a third-quarter 2023 net loss of $1.3 ...
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US: Nerdy reports third-quarter results

Nerdy, a direct-to-consumer, curated gig economy platform for live online learning, has announced third-quarter 2023 ...
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US: DaySmart buys business management software firm

DaySmart Software has acquired Sawyer, a provider of business management software for the children’s activities ...
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US: Element451 acquires higher education media resource

Element451 has acquired Enrollify, which provides higher education enrolment managers, marketers, and industry executives with ...

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